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2017-12-15
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Policy Statement on the Scenario Design Framework for Stress Testing
Proposed Rules
D09002ee1bdba6b32
D09002ee1bdba6bbb
United States
Federal Reserve System
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United States Government Agency or Subagency
The Board is requesting public comment on amendments to its policy statement on the scenario design framework for stress testing. The proposed amendments to the policy statement would clarify when the Board may adopt a change in the unemployment rate in the severely adverse scenario of less than 4 percentage points; institute a counter- cyclical guide for the change in the house price index in the severely adverse scenario; and provide notice that the Board plans to incorporate wholesale funding costs for banking organizations in the scenarios. The Board would continue to use the policy statement to develop the macroeconomic scenarios and additional scenario components that are used in the supervisory and company-run stress tests conducted under the Board's stress test rules and the Board's capital plan rule.
82 FR 59533
https://www.govinfo.gov/app/details/FR-2017-12-15/2017-26858
2017-26858
fr15de17-12
6210-01-P
Regulation YY
Docket No. OP-1588
https://www.govinfo.gov/app/details/FR-2017-12-15/2017-26858
https://www.govinfo.gov/content/pkg/FR-2017-12-15/html/2017-26858.htm
https://www.govinfo.gov/content/pkg/FR-2017-12-15/pdf/2017-26858.pdf
Administrative Practice and Procedure
Banks
Banking
Federal Reserve System
Holding Companies
Nonbank Financial Companies Supervised by the Board
Reporting and Recordkeeping Requirements
Securities
Stress Testing
15 p.
59533
59547
82 FR 59533
Code of Federal Regulations
Title 12 Part 252
12 CFR Part 252
Policy Statement on the Scenario Design Framework for Stress Testing; Federal Register Vol. 82, Issue
PRORULE
2017-26858
FEDERAL RESERVE SYSTEM
2018-01-22
Regulation YY
Docket No. OP-1588
6210-01-P
2017-26858
Proposed rule; policy statement with request for public comment.
The Board is requesting public comment on amendments to its policy statement on the scenario design framework for stress testing. The proposed amendments to the policy statement would clarify when the Board may adopt a change in the unemployment rate in the severely adverse scenario of less than 4 percentage points; institute a counter- cyclical guide for the change in the house price index in the severely adverse scenario; and provide notice that the Board plans to incorporate wholesale funding costs for banking organizations in the scenarios. The Board would continue to use the policy statement to develop the macroeconomic scenarios and additional scenario components that are used in the supervisory and company-run stress tests conducted under the Board's stress test rules and the Board's capital plan rule.
Comments must be received by January 22, 2018.
Lisa Ryu, Associate Director, (202) 263-4833, Joseph Cox, Supervisory Financial Analyst, (202) 452-3216, or Aurite Werman, Financial Analyst (202) 263-4802, Division of Supervision and Regulation; Benjamin W. McDonough, Assistant General Counsel, (202) 452-2036, or Julie Anthony, Counsel, (202) 475-6682, Legal Division; or William Bassett, Associate Director, (202) 736-5644, Luca Guerrieri, Deputy Associate Director, (202) 452-2550, or Bora Durdu, Chief, (202) 452-3755, Division of Financial Stability.
Administrative Practice and Procedure
Banks
Banking
Federal Reserve System
Holding Companies
Nonbank Financial Companies Supervised by the Board
Reporting and Recordkeeping Requirements
Securities
Stress Testing
Policy Statement on the Scenario Design Framework for Stress Testing
,
regs.comments@federalreserve.gov
http://www.federalreserve.gov
http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.aspx
http://www.regulations.gov
Federal Register
Vol. 82, no. 240
Office of the Federal Register, National Archives and Records Administration
2017-12-15
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453 p.
Table of Contents:
AE 2.7:
GS 4.107:
AE 2.106:
KF70.A2
https://www.govinfo.gov/app/details/FR-2017-12-15
P0b002ee197cef066
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0042-1219
0364-1406
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https://www.govinfo.gov/app/details/FR-2017-12-15
https://www.govinfo.gov/content/pkg/FR-2017-12-15/pdf/FR-2017-12-15.pdf
https://www.govinfo.gov/content/pkg/FR-2017-12-15/xml/FR-2017-12-15.xml
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2017-12-15
2023-04-28
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