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Monday, March 11, 2013

OCC Requests Comments on Company-Run Annual Stress Tests

The OCC has requested comments regarding a proposed new regulatory reporting requirement for national banks and Federal savings associations titled, ``Company-Run Annual Stress Test Reporting Template and Documentation for Covered Institutions with Total Consolidated Assets of $10 Billion to $50 Billion under the Dodd-Frank Wall Street Reform and Consumer Protection Act.''

The proposal describes the scope of reporting and the proposed reporting requirements.

Comments are due by May 10, 2013.

Read more.

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