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Proposed Rule2025-202112025-11-18

Enhanced Transparency and Public Accountability of the Supervisory Stress Test Models and Scenarios; Modifications to the Capital Planning and Stress Capital Buffer Requirement Rule, Enhanced Prudential Standards Rule, and Regulation LL

Federal Reserve System

Abstract

The Board is inviting public comment on the models used to conduct the Board's supervisory stress test, changes to those models to be implemented in the 2026 stress test, and proposed changes to enhance the transparency and public accountability of the Board's stress testing framework (the proposal). The proposal would amend the Policy Statement on the Scenario Design Framework for Stress Testing, including to implement guides for additional scenario variables, and the Stress Testing Policy Statement. The proposal would also codify an enhanced disclosure process under which the Board would annually publish comprehensive documentation on the stress test models, invite public comment on any material changes that the Board seeks to make to those models, and annually publish the stress test scenarios for comment. Lastly, the proposal would make changes to the FR Y-14A/Q/M to remove items that are no longer needed to conduct the supervisory stress test and to collect additional data to support the stress test models and improve risk capture.

Action & Dates

Action
Notice of Proposed Rulemaking.
Dates
Comments must be received on or before January 22, 2026.

CFR References

Topics

Administrative practice and procedureBanks, bankingBanks, bankingBanks, bankingBanks, bankingFederal Reserve SystemHolding companiesReporting and recordkeeping requirementsSecurities

Public Comment

Comments Close
2026-01-22

Document Excerpt

Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Federal Reserve System 12 CFR Parts 225, 238, and 252 [Regulations Y, LL, and YY; Docket No. R-1873] RIN 7100-AH05 AGENCY: Board of Governors of the Federal Reserve System (Board). ACTION: Notice of Proposed Rulemaking. SUMMARY: The Board is inviting public comment on the models used to conduct the Board's supervisory stress test, changes to those models to be implemented in the 2026 stress test, and proposed changes to enhance the transparency and public accountability of the Board's stress testing framework (the proposal). The proposal would amend the Policy Statement on the Scenario Design Framework for Stress Testing, including to implement guides for additional scenario variables, and the Stress Testing Policy Statement. The proposal would also codify an enhanced disclosure process under which the Board would annually publish comprehensive documentation on the stress test models, invite public comment on any material changes that the Board seeks to make to those models, and annually publish the stress test scenarios for comment. Lastly, the proposal would make changes to the FR Y-14A/Q/M to remove items that are no longer needed to conduct the supervisory stress test and to collect additional data to support the stress test models and improve risk capture. DATES: Comments must be received on or before January 22, 2026. ADDRESSES: You may submit comments, identified by Docket No. R-1873 and RIN 7100-AH05, by any of the following methods: Agency website: https://www.federa

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Related Documents

Other Federal Register documents from the same docket.

Full Document

Citation: 90 FR 51856