New York Fed – Liberty Street Economics: “One goal of the Dodd-Frank Act of 2010 was to end “too big to fail.” Toward that goal, the Act required systemically important financial institutions to submit detailed plans for an orderly resolution (“living wills”) and authorized the FDIC to create an alternative resolution procedure. In response, the… Continue Reading
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Search Results for: Dodd-Frank Act
Bank Systemic Risk Regulation: The $50 Billion Threshold in the Dodd-Frank Act
Bank Systemic Risk Regulation: The $50 Billion Threshold in the Dodd-Frank Act, December 6, 2017. The 2007-2009 financial crisis highlighted the problem of “too big to fail” financial institutions—the concept that the failure of a large financial firmc ould trigger financial instability, which in several cases prompted extraordinary federal assistance to prevent their failure. This… Continue Reading
FHFA Announces Results of Fannie Mae and Freddie Mac Dodd-Frank Act Stress Tests
“The Federal Housing Finance Agency (FHFA) today released a report providing the results of annual stress tests Fannie Mae and Freddie Mac (the Enterprises) are required to conduct under the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). The Dodd-Frank Act requires certain financial institutions with more than $10 billion in assets to… Continue Reading
Dodd-Frank Act Stress Test (DFAST)
Via FDIC Overview – “Section 165(i)(2) of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank Act”) requires state nonmember banks and state savings associations with total consolidated assets of more than $10 billion to conduct annual stress tests. On October 15, 2012, the FDIC published its final annual stress test rule (Part 325),… Continue Reading
Agencies Release Statement on Dodd-Frank Act Company-run Stress Tests at Medium-sized Financial Companies
“Federal banking agencies today reiterated the disclosure requirements for the annual stress tests conducted by financial institutions with total consolidated assets between $10 billion and $50 billion. These medium-sized companies are required to conduct annual, company-run stress tests–implementing a provision of the Dodd-Frank Wall Street Reform and Consumer Protection Act–with the results disclosed to the… Continue Reading
Democratic House Staff Report on Fourth Anniversary of Dodd-Frank Act
Follow up to Report: Dodd-Frank Act Does Not End Too Big to Fail But Perpetuates It as Official Policy – today, the Democrat’s interpretation of the same subject – The Fourth Anniversary of the Dodd-Frank Wall Street Reform and Protection Act of 2010, Democratic Staff Report Prepared for Democratic Members of the House Committee on Financial Services – The Honorable… Continue Reading
Report: Dodd-Frank Act Does Not End Too Big to Fail But Perpetuates It as Official Policy
“House Financial Services Committee Chairman Jeb Hensarling (R-TX) and Oversight and Investigations Subcommittee Chairman Patrick McHenry (R-NC) today released a committee staff report [prepared by the Republican Staff of the Committee on Financial Services] that concludes the Dodd-Frank Act did not end “too big to fail” as the law’s supporters claim, but actually had the… Continue Reading
Bipartisan Policy Center Recommends Improvements to Key Features of the Dodd-Frank Act
“The Bipartisan Policy Center’s (BPC) Financial Regulatory Reform Initiative today released three top ten lists highlighting key areas of progress made since the passage of the Dodd-Frank Act four years ago, along with 20 proposed action items for regulators and Congress to address the significant challenges that remain. These include: Top Ten Areas Where Dodd-Frank Made Progress Top Ten… Continue Reading
Dodd-Frank Act Stress Test 2014 Revised Data
Follow up to Federal Reserve releases summary results of bank stress tests – see Dodd-Frank Act Stress Test 2014: Revised Projected Minimum Tier 1 Common Ratios. March 21, 2014. “The biggest change to the minimum Tier 1 common ratios was a 0.5 percentage point decline for American Express Co., followed by a 0.3 percentage point increase for both M&T Bank Corp., based… Continue Reading
Agencies Issue Final Dodd-Frank Act Stress Test Guidance for Medium-Sized Firms
“Three federal bank regulatory agencies are issuing final guidance describing supervisory expectations for stress tests conducted by financial companies with total consolidated assets between $10 billion and $50 billion. These medium-sized companies are required to conduct annual, company-run stress tests under rules issued by the agencies in October 2012 to implement a provision in the Dodd-Frank… Continue Reading
The FDIC’s Progress in Implementing Systemic Resolution Authorities under Dodd-Frank Act
FDIC Office of Audits and Evaluations Report No. AUD-14-001 – The FDIC’s Progress in Implementing Systemic Resolution Authorities under the Dodd-Frank Act, November 2013. “The Dodd-Frank Wall Street Reform and Consumer Protection Act (the Dodd-Frank Act) created a comprehensive new regulatory and resolution framework designed to avoid the severe consequences of financial instability. Among other things, the Dodd-Frank Act gave the FDIC broad… Continue Reading
FDIC’s Progress in Implementing Systemic Resolution Authorities under the Dodd-Frank Act
Office of Audits and Evaluations. Report No. AUD-14-001. The FDIC’s Progress in Implementing Systemic Resolution Authorities under the Dodd-Frank Act Continue Reading
