The Federal Reserve Board has finalised a rule adjusting its capital plan and stress testing rules, effective for the 2017 cycle. The final rule removes large and non-complex firms from the qualitative assessment of the Federal Reserve's Comprehensive Capital Analysis and Review (CCAR), reducing significant burden on these firms and focusing the qualitative review in CCAR on the largest, most complex financial institutions.
As stated by the Board last year, the Board intended to finalise t
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