Fed Exempts Large Noncomplex Banks from CCAR Qualitative Assessment

by | Feb 2, 2017 | Regulations | 0 comments

The U.S. central bank finalized its rule exempting large and noncomplex banks from the qualitative component of Comprehensive Capital Analysis and Review (CCAR) program. Bank holding companies and U.S. intermediate holding companies of foreign banking organizations that have total consolidated assets between $50 billion and $250 billion and total nonbank assets of less than $75 billion, and that are not identified as global systemically important banks, must conduct stress tests but are not required to undergo the qualitative assessment to which the largest banks are additionally subject. The Fed’s press release also states that the scenarios and instructions for the 2017 CCAR cycle will be released by the end of this week.

https://www.federalreserve.gov/newsevents/press/bcreg/20170130a.htm