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On 12 June 2014, the Federal Reserve Board issued a proposal to
modify the regulations for capital planning and stress testing. The
proposed rule would shift the start date of the capital plan and
stress test cycles from 1st of October of a calendar year to 1st of
January of the following calendar year. Under the proposed rule, a
bank holding company with total consolidated assets of $50 billion
or more would be required to submit its capital plan and stress
test results to the Federal Reserve by 5 April, three months later
than under the current rulemakings.
Comments on the proposed rule will be accepted until 11 August
2014.
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guide to the subject matter. Specialist advice should be sought
about your specific circumstances.