OCC Issues Guidance For Big Bank Stress Tests

Law360, New York (August 16, 2012, 10:06 PM EDT) -- The Office of the Comptroller of the Currency on Thursday told large banks what information they should examine when performing their annual, mandated internal stress tests, such as how a dip in the economy would affect their capital levels and loan portfolios.

The regulatory agency issued proposed guidance for banks with at least $50 billion in consolidated assets that outline what specific information regarding credit exposures, capital levels and counterparty risk, among other indicators of a bank's health, should be included in the stress tests....
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