®: CRE Regulatory Action of the Week
Federal Reserve, FDIC and OCC Seek Comment on DFA Guidance
The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency seek public comment on their proposed supervisory guidance on implementing Dodd-Frank Act company-run stress tests for banking organizations with total consolidated assets of more than $10 billion but less than $50 billion. The proposed guidance discusses supervisory expectations for DFA stress test practices and offers additional details about methodologies that should be employed by these companies. Comments on this joint proposed guidance are due to the OCC and FDIC on September 25th, 2013 and to the Federal Reserve on September 30th, 2013.
Click here to read Federal Register notice seeking comments