Financial Institution Letter
| Guidance Proposed Guidance on Stress Testing for Banking Organizations with More Than $ 10 Billion in Total Consolidated Assets |
FIL-47-2011 June 16, 2011 |
| Summary: | The federal banking regulatory agencies have jointly issued the attached proposed guidance on stress testing for banking organizations with more than $ 10 billion in total consolidated assets. The proposed guidance highlights the importance of stress testing as an ongoing risk management practice that supports a banking organization’s forward-looking assessment of its risks.
Statement of Applicability to Institutions under $ 1 Billion: The proposed guidance does not apply to institutions with total assets under $ 1 billion. |
Suggested Distribution:
FDIC-Supervised Banks (Commercial and Savings)
Complete Financial Institution Letter: http://www.fdic.gov/news/news/financial/2011/fil11047.html
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