Large Bank Stress Tests gets the Green Light

The Federal Deposit Insurance Corporation (FDIC) announced publication of its final rule regarding an annual balance sheet “stress testing” required by the Dodd-Frank reform measure.

The rule requires all financial companies with total consolidated assets of more than $10 billion that are regulated by a primary federal financial regulatory agency. Institutions with assets greater than $50 billion are required to begin conducting annual stress tests this year, where the FDIC anticipates the stress-testing scenarios to be released in November.

The rule however, delays implementation for covered institutions with total consolidated assets between $10 billion and $50 billion until October 2013.


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