Federal Register #2026-20247

Federal Reserve Finalizes Supervisory Stress-Test Transparency and Data-Collection Changes

The Board of Governors of the Federal Reserve System finalized changes to its supervisory stress-testing framework, rather than issuing a procurement opportunity. - Government buyer: Board of Governors of the Federal Reserve System. - Procurement status: This is a final regulatory action, not a request to buy products or services; no vendors or OEMs are named. - Regulatory changes: Amendments affect Regulations Y, LL, and YY, the Policy Statement on the Scenario Design Framework for Stress Testing, and the Stress Testing Policy Statement. - Stress-test models and scenarios: The action finalizes models for a forthcoming stress test and establishes enhanced public disclosure and input processes for models and scenarios. The Board will publish comprehensive model documentation and scenarios annually and provide opportunities for public comment on material model changes. - Additional changes: Further model changes are presented for public input, and stress-test data collection under FR Y-14A, FR Y-14Q, and FR Y-14M is updated. - Products and services requested: None.

Description

The Federal Reserve System adopted final amendments to Regulations Y, LL, and YY to enhance transparency and public accountability in its supervisory stress testing framework. The final action also amends the Policy Statement on the Scenario Design Framework for Stress Testing and the Stress Testing Policy Statement, and finalizes models for the 2027 stress test. It proposes additional changes to the 2027 stress test models for public input and finalizes changes to stress test data collection (FR Y-14A/Q/M).

View original listing