Fed Wants New Capital Rules In Big Bank Stress Tests

Law360, New York (September 24, 2013, 6:03 PM ET) -- The largest banks will have to include measures for how they will comply with newly finalized increased capital standards in their next round of stress tests, the Federal Reserve announced Tuesday.

The Basel III international banking accords will begin to come into force in 2014 and 2015, which means that banks with $50 billion in total consolidated assets that have already been conducting stress tests will be expected to include them in the next testing cycle beginning Oct. 1, the Fed said in an interim final...
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