FED Revises and Extends Capital Assessment and Stress Testing Reports

FED had also proposed to make several clarifications to the instructions; these clarifications were partly prompted by the questions that FED had received from reporting institutions. In March 2020, FED had issued the proposal to revise and extend FR Y-14 reports. The comment period for this notice expired on May 18, 2020. FED received two comment letters from banking organizations and one comment letter from a banking industry group. FED has adopted the proposed revisions with certain exceptions. In addition, although FED did not receive any comment letters regarding the proposed revisions related to a proposed rule that would modify the TLAC requirements, FED has not adopted these revisions as proposed. 

FR Y-14A/Q/M reports are used to support the Comprehensive Capital Analysis and Review (CCAR) and Dodd-Frank Act Stress Test (DFAST) exercises. The annual FR Y-14A collects quantitative projections of balance sheet, income, losses, and capital across a range of macroeconomic scenarios and qualitative information on methodologies used to develop internal projections of capital across scenarios. The quarterly FR Y-14Q collects granular data on various asset classes, including loans, securities, trading assets, and pre-provision net revenue for the reporting period. The monthly FR Y-14M comprises retail portfolio-level and loan-level schedules, along with the detailed address-matching schedule, to supplement two of the portfolio and loan-level schedules. These collections of information are applicable to bank holding companies, U.S. intermediate holding companies, and savings and loan holding companies. 

Related Links 

• Federal Register Notice
• Data Collections Page
• Reporting Form Updates

Keywords: Americas, US, Banking, Stress Testing, FR Y-14, Dodd-Frank Act, DFAST, CCAR, Reporting, TLAC, SA-CCR, Basel, FED