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FDIC

RIN: 3064-AD91

Publication ID: 2012

Title: ●Annual Stress Test
Abstract: The Federal Deposit Insurance Corporation (the "Corporation") is issuing a final rule that implements the requirements of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Dodd-Frank Act") regarding stress tests. The Dodd-Frank Act requires the Corporation to issue regulations that require FDIC-insured State nonmember banks and FDIC-insured State-chartered savings associations with total consolidated assets of more than $10 billion to conduct annual stress tests, report the results of such stress tests to the Corporation and the Board of Governors of the Federal Reserve System, and publish a summary of the results of the stress tests. The final rule requires large covered banks to conduct annual stress tests beginning on the effective date of this final rule. The Corporation, however, will delay implementation of the annual stress test requirements under the final rule for institutions with total consolidated assets of more than $10 billion but less than $50 billion until September 30, 2013. The final rule requirement for public disclosure of a summary of the stress testing results for these institutions will be implemented starting with the 2014 stress test, with the disclosure occurring during the period starting June 15 and ending June 30 of 2015.
Agency: Federal Deposit Insurance Corporation(FDIC)	Priority: Substantive, Nonsignificant
RIN Status: First time published in the Unified Agenda	Agenda Stage of Rulemaking: Completed Actions
Major: No	Unfunded Mandates: No
CFR Citation: 12 CFR 325 12 CFR 326 12 CFR 328
Legal Authority: 12 USC 1815(a) 12 USC 1815(b) 12 USC 1816 12 USC 1818(a) ...

Legal Deadline: None

Timetable:

Action	Date	FR Cite
NPRM	01/23/2012	77 FR 3166
NPRM Comment Period End	03/23/2012
Final Rule	10/15/2012	77 FR 62417

Regulatory Flexibility Analysis Required: No	Government Levels Affected: None
Small Entities Affected: No	Federalism: No
Included in the Regulatory Plan: No
RIN Information URL: www.fdic.gov/regulations/laws/federal/
RIN Data Printed in the FR: No
Agency Contact: George French Deputy Director, Division of Insurance Federal Deposit Insurance Corporation 550 17th Street NW., Washington, DC 20429 Phone:202 898-3929 Email: gfrench@fdic.gov Karl Reitz Chief, Capital Markets Strategies Section Federal Deposit Insurance Corporation 550 17th Street NW., Washington, DC 20429 Phone:202 898-6775 Email: kreitz@fdic.gov Mark Flanigan Counsel Federal Deposit Insurance Corporation 550 17th Street NW, Washington, DC 20429 Phone:202 898-7426 Email: mflanigan@fdic.gov