Base
Rule2026-202472026-10-02

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 of Governors of the Federal Reserve System (Board) has adopted final amendments to Regulations Y, LL, and YY to enhance the transparency and public accountability of the Board's stress testing framework. The Board is also finalizing amendments to the Policy Statement on the Scenario Design Framework for Stress Testing and the Stress Testing Policy Statement. The Board is also announcing that it is finalizing models for the 2027 stress test and proposing for public input additional changes to the stress test models for the 2027 stress test. Finally, the Board is finalizing changes to the stress test data collection (FR Y-14A/Q/M).

Action & Dates

Action
Final rule; amendments to policy statements.
Dates
This final rule and policy statements are effective November 2, 2026.
Effective Date
2026-11-02

CFR References

Topics

Administrative practice and procedureBanks, bankingHolding companiesReporting and recordkeeping requirementsSecurities

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 ( printed page 62870) AGENCY: Board of Governors of the Federal Reserve System (Board). ACTION: Final rule; amendments to policy statements. SUMMARY: The Board of Governors of the Federal Reserve System (Board) has adopted final amendments to Regulations Y, LL, and YY to enhance the transparency and public accountability of the Board's stress testing framework. The Board is also finalizing amendments to the Policy Statement on the Scenario Design Framework for Stress Testing and the Stress Testing Policy Statement. The Board is also announcing that it is finalizing models for the 2027 stress test and proposing for public input additional changes to the stress test models for the 2027 stress test. Finally, the Board is finalizing changes to the stress test data collection (FR Y-14A/Q/M). DATES: This final rule and policy statements are effective November 2, 2026. FOR FURTHER INFORMATION CONTACT: Doriana Ruffino, Associate Director (202) 452-5235, Hillel Kipnis, Assistant Director, (202) 452-2924, John Simone, Manager, (202) 245-4256, and Theo Pistner, Financial Institution and Policy Analyst III, (202) 941-1825, Division of Supervision and Regulation; William Bassett, Senior Associate Director, (202) 736-5644, Bora Durdu, Deputy Associate Director, (202) 452-3755, and Anni Isojaervi, Senior Economist, (202) 596-4054, Division of Financial Stability; Asad Kudiya, As…

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Related Documents

Other Federal Register documents from the same docket.

Full Document

Citation: 91 FR 62870