Regulatory News

April 30, 2021

Stress Test Rules: Correction

A final rule, published April 30, 2021 in the Federal Register, corrects an error in Regulation YY (Enhanced Prudential Standards) related to the company-run stress test requirements for certain large banking organizations.  The final rule restores language regarding the timing of certain aspects of the trading and counterparty component of the company-run stress test which was inadvertently deleted by a March 2020 rulemaking.  The final rule is effective April 30, 2021.

View in the Federal Register.