OCC BULLETIN 2017-45
Subject: Annual Stress Test
Date: October 27, 2017
To: Chief Executive Officers of All National Banks and Federal Savings Associations, Department and Division Heads, All Examining Personnel, and Other Interested Parties
Description: Notice of Proposed Rulemaking—Technical and Conforming Changes
The Office of the Comptroller of the Currency (OCC) proposes to implement several technical and conforming changes to the OCC’s Annual Stress Test rule (12 CFR 46). The proposed rule would change the range of possible “as-of” dates used in the global market shock component to conform to changes recently made by the Board of Governors of the Federal Reserve System to its stress testing regulations. The proposed rule would also change the transition period for an institution that becomes an over $50 billion covered institution. Finally, the proposed rule would make certain technical changes to clarify the requirements of the OCC’s stress testing regulation. The notice of proposed rulemaking was issued in the Federal Register on October 27, 2017, with a 60-day comment period.
The proposal would
Please contact Hein Bogaard, Lead Economic Expert, International Analysis and Banking Condition, (202) 649-5450, Andrew Tschirhart, Financial Analyst, Large Bank Supervision, (202) 649-6210, or Kari Falkenborg, Senior Financial Analyst, Midsize and Community Bank Supervision, (312) 917-5000.
Morris R. Morgan