OCC Extends Dodd-Frank Act Stress Test Requirements Through November 25

Author:Ms Ashley Halvorsen
Profession:Orrick
 
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The Office of the Comptroller of the Currency (OCC) announced that the deadline to comply with Dodd-Frank Act Stress Test (DFAST) requirements will be extended to November 25, and thereafter will be discontinued. The OCC believes that sufficient stress testing programs have been adopted and integrated into the risk management policies of banks and federal savings institutions to which...

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