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TREAS/OCC | RIN: 1557-AE55 | Publication ID: Spring 2019 |
Title: ●Amendments to the Stress Testing Rules for National Banks and Federal Savings Associations | |
Abstract:
The OCC issued a proposed rule that would amend company-run stress testing requirements for national banks and Federal savings associations, consistent with section 401 of the EGRRCPA. The rule would revise the minimum threshold for national banks and Federal savings associations to conduct stress tests from $10 billion to $250 billion, revise the frequency by which certain national banks and Federal savings associations would be required to conduct stress tests, and reduce the number of required stress testing scenarios from three to two. |
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Agency: Department of the Treasury(TREAS) | Priority: Substantive, Nonsignificant |
RIN Status: First time published in the Unified Agenda | Agenda Stage of Rulemaking: Final Rule Stage |
Major: Undetermined | Unfunded Mandates: No |
EO 13771 Designation: Independent agency | |
CFR Citation: 12 CFR 46 | |
Legal Authority: 12 U.S.C. 93a 12 U.S.C. 1463(a)(2) 12 U.S.C. 5365(i)(2) 12 U.S.C. 5412(b)(2)(B) |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Federalism: No | |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: No | |
Agency Contact: Henry Barkhausen Counsel Department of the Treasury Comptroller of the Currency Chief Counsel's Office, 400 7th Street SW., Washington, DC 20219 Phone:202 649-7191 Email: henry.barkhausen@occ.treas.gov Daniel Perez Counsel Department of the Treasury Comptroller of the Currency Chief Counsel's Office, 400 7th Street SW., Washington, DC 20219 Phone:202 649-6718 Email: daniel.perez@occ.treas.gov |