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| FDIC | RIN: 3064-AE18 | Publication ID: Fall 2014 |
| Title: ●Annual Stress Test | |
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Abstract:
The Federal Deposit Insurance Corporation (the ''Corporation'' or ''FDIC'') is revising the FDIC Rules and Regulations regarding the annual stress testing requirements for State non-member banks and State savings associations with total consolidated assets of more than $10 billion (''covered banks''). Our regulations which implement section 165(i)(2) of the Dodd-Frank Wall Street Reform and Consumer Protection Act requires covered banks to conduct annual stress tests and report the results of such stress test to the Corporation and the Board of Governors of the Federal Reserve System and publicly disclose a summary of the results of the required stress tests. The FDIC is modifying the ''as-of'' dates for financial data (that covered banks will use to perform their stress tests) as well as the reporting dates and public disclosure dates of the annual stress tests for both $10 billion to $50 billion covered banks and $50 billion covered banks. The revisions would become effective January 1, 2016. |
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| Agency: Federal Deposit Insurance Corporation(FDIC) | Priority: Substantive, Nonsignificant |
| RIN Status: First time published in the Unified Agenda | Agenda Stage of Rulemaking: Final Rule Stage |
| Major: No | Unfunded Mandates: No |
| CFR Citation: 12 CFR 325 | |
| Legal Authority: 12 USC 1815(a) 12 USC 1815(b) 12 USC 1816 | |
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Legal Deadline:
None |
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Timetable:
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| Additional Information: Email: Comments@fdic.gov. Please include RIN 3064-AE18 and FDIC in the subject line of the email. | |
| 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 | Public Comment URL: www.fdic.gov/regulations/laws/federal/ |
| RIN Data Printed in the FR: No | |
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Agency Contact: Ryan Sheller Capital Markets Specialist Federal Deposit Insurance Corporation 550 17th Street NW, Washington, DC 20429 Phone:202 898-6614 Email: rsheller@fdic.gov Mark Flanigan Counsel Federal Deposit Insurance Corporation 550 17th Street NW, Washington, DC 20429 Phone:202 898-7426 Email: mflanigan@fdic.gov Jason Fincke Counsel Federal Deposit Insurance Corporation 550 17th Street NW., Washington, DC 20429 Phone:202 898-3659 Email: jfincke@fdic.gov |
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