ARTICLE
11 February 2016

US Office Of The Comptroller Of The Currency Releases Dodd-Frank Act Stress Test Scenarios For 2016

SS
Shearman & Sterling LLP

Contributor

Our success is built on our clients’ success. We have a long and distinguished history of supporting our clients wherever they do business, from major financial centers to emerging and growth markets. We represent many of the world’s leading corporations and major financial institutions, as well as emerging growth companies, governments and state-owned enterprises, often working on ground-breaking, precedent-setting matters. With a deep understanding of our clients' businesses and the industries they operate in, our work is driven by their need for outstanding legal and commercial advice.
On January 28, 2016, the US Office of the Comptroller of the Currency released economic and financial market scenarios to be used by certain financial companies, including national banks and federal savings associations...
United States Finance and Banking

On January 28, 2016, the US Office of the Comptroller of the Currency released economic and financial market scenarios to be used by certain financial companies, including national banks and federal savings associations with total consolidated assets of more than $10 billion, to conduct upcoming stress tests. The supervisory scenarios include baseline, adverse and severely adverse scenarios, as described in the OCC's final rules that implement annual stress test requirements under Section 165(i)(2) of the Dodd-Frank Act.

The OCC press release is available at: http://www.occ.gov/news-issuances/news-releases/2016/nr-occ-2016-8.html  and the 2016 scenario information is available at: http://www.occ.gov/tools-forms/forms/bank-operations/stress-test-reporting.html.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More