The Federal Reserve has published final rules related to the stress-testing of major bank-holding companies, state member banks, savings and loan-holding companies, as well as some non-bank financial institutions.
The new rules state that financial institutions will be required to conduct stress tests based on three scenarios set by the Fed. The rules address the stress-test requirements set out in article 165 of the Dodd-Frank Act, while further requirements for enhanced prudential standards an
- Turkish central bank carries out emergency rate hike as currency falls
- Podcast: San Fran Fed’s Daly on gender inequality in central banks
- US House passes deregulation bill with bipartisan support
- Philippines central bank launches reorganisation
- Dudley calls for ‘aggressive action’ on benchmark reforms