The FDIC today proposed its version of the Dodd-Frank stress tests, issuing those applicable to banks under its supervision with assets above $10 billion. The FRB’s systemic proposal addresses this issue in detail for BHCs with assets over $50 billion and systemic nonbanks. FedFin has previously sent clients an in-depth assessment of key sections of the systemic NPR (see FSM Report SYSTEMIC54) and will shortly provide the companion analysis of the stress-test sections of this NPR (as well as its risk-management and early-remediation requirements).
The full report is available to retainer clients. To find out how you can sign up for the service, click here.