CCAR feedback prompts banks to improve governance

Dual reviews of stress testing models and scenarios becoming the norm

US Federal Reserve building
Fed’s feedback letters called for improved governance

US banks are tightening up the governance and controls around stress testing functions in response to recent feedback from the Federal Reserve.

While no banks failed this year’s Comprehensive Capital Analysis and Review on quantitative or qualitative grounds, the Fed has emphasised that it wants to see improvements on governance. “The Fed has given all the US banks and FBOs [foreign banking organisations] their feedback letters, and governance seems to be a common theme,” said Michelle

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here