Final Stress Test Rules Ease Demands On Smaller Banks

Law360, New York (October 9, 2012, 4:00 PM EDT) -- Final rules governing how banks should conduct their own stress tests, adopted Tuesday by the Federal Deposit Insurance Corp. and two other federal banking regulators, will give smaller banks a simpler testing regime and more time to report results than their larger counterparts will get.

The final rules adopted by the FDIC, the Office of the Comptroller of the Currency and the Federal Reserve lay out how banks with at least $10 billion in assets will have to test their ability to withstand a severe economic...
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