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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.
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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 the DFAST rules apply. Press Release.
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