Discussions on the Comprehensive Capital Analysis and Review (CCAR) took place. Three overall themes emerged from the CCAR 2012 results:
- The CCAR 2012 methodology is the most severe, comprehensive and rigorous of the three rounds of stress tests conducted by US banks;
- CCAR 2012 results for the largest banking organizations indicate a more highly capitalized and resilient segment of the banking industry; and
- CCAR institutions will continue enhancing their capital management process and related validation processes.
This FS Regulatory Brief also discusses how the Federal Reserve's proposal for implementing the Dodd-Frank stress testing requirements for SIFIs would differ from current practice.