FDIC Proposes Rules for Self-Administered Bank Stress Tests
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The Federal Deposit Insurance Corporation proposed regulations that would require banks with assets above $10 billion to conduct self-administered stress tests each year.
Under the proposal, the FDIC by mid-November each year would provide banks with three economic scenarios for the future. By Jan. 5, banks would send the FDIC a report on how the institution would cope with the scenarios. The reports would be published 90 days after that.