(DOWNLOAD) "Supervisory and Company-Run Stress Test Requirements for Covered Companies (US Federal Reserve System Regulation) (FRS) (2018 Edition)" by The Law Library # eBook PDF Kindle ePub Free
eBook details
- Title: Supervisory and Company-Run Stress Test Requirements for Covered Companies (US Federal Reserve System Regulation) (FRS) (2018 Edition)
- Author : The Law Library
- Release Date : January 08, 2018
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 215 KB
Description
The Law Library presents the complete text of the Supervisory and Company-Run Stress Test Requirements for Covered Companies (US Federal Reserve System Regulation) (FRS) (2018 Edition).
Updated as of May 29, 2018
The Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act or Act) requires the Board to conduct annual stress tests of bank holding companies with total consolidated assets of $50 billion or more and nonbank financial companies the Financial Stability Oversight Council (Council) designates for supervision by the Board (nonbank covered companies, and together, with bank holding companies with total consolidated assets of $50 billion or more, covered companies) and also requires the Board to issue regulations that require covered companies to conduct stress tests semi-annually. The Board is adopting this final rule to implement the stress test requirements for covered companies established in the Dodd-Frank Act. This final rule does not apply to any banking organization with total consolidated assets of less than $50 billion. Furthermore, implementation of the stress testing requirements for bank holding companies that did not participate in the Supervisory Capital Assessment Program is delayed until September 2013.
This ebook contains:
- The complete text of the Supervisory and Company-Run Stress Test Requirements for Covered Companies (US Federal Reserve System Regulation) (FRS) (2018 Edition)
- A dynamic table of content linking to each section
- A table of contents in introduction presenting a general overview of the structure