Recordkeeping Provisions Associated with Stress Testing Guidance

The interagency guidance outlines high-level principles for stress testing practices applicable to all Federal Reserve-supervised, FDIC-supervised, and OCC-supervised banking organizations (the agencies) with more than $10 billion in total consolidated assets. In developing a stress testing framework and in carrying out stress tests, banking organizations should understand and clearly document all assumptions, uncertainties, and limitations, and provide that information to users of the stress testing results. To ensure proper governance over the stress testing framework, banking organizations should develop and maintain written policies and procedures.

The latest form for Recordkeeping Provisions Associated with Stress Testing Guidance expires 2021-07-31 and can be found here.

Recordkeeping

Federal Enterprise Architecture: Economic Development - Financial Sector Oversight