The Capital Assessments and Stress Testing information collection (FR Y-14) consists of the FR Y-14A, Q, and M reports. The semiannual FR Y-14A collects information on the stress tests conducted by Bank Holding Companies (BHCs) and U.S. Intermediate Holding Companies (IHCs), including quantitative projections across a range of macroeconomic scenarios, and qualitative information on methodologies used to develop internal projections of capital across scenarios. The quarterly FR Y-14Q collects granular data on BHCs' and IHCs' various asset classes, including loans, securities and trading assets, and Pre-Provision Net Revenue (PPNR). The monthly FR Y-14M comprises three retail loan- and portfolio-level collections, and one detailed address matching collection. The FR Y-14 data are used to assess the capital adequacy of large BHCs and U.S. IHCs, to support supervisory stress test models, and in continuous monitoring efforts.
In response to questions regarding the FR Y-14 information collection, Federal Reserve staff provides answers to firms on an ongoing basis to assist with the correct interpretation of reporting requirements and submission of the report data. These questions and answers are released to provide transparency around, and support knowledge of, FR Y-14 reporting requirements.
Capital Assessments and Stress Testing Information Collection Q&As
The questions and answers
- Include generally applicable questions asked by FR Y-14 filing BHCs and U.S. IHCs. Not every question is applicable to every BHC or U.S. IHC, and responses do not pertain to other regulatory reports or rules, nor to BHCs and U.S. IHCs that do not file the FR Y-14 reports.
- Apply to requirements and materials available at that time. The Federal Reserve's responses are based on information available at the time of the submission of the question. A response date is provided to frame the response in the context of current regulatory requirements and associated forms and instructions. Responses provided may be superseded by subsequent guidance and/or regulatory changes. Links provided within the document may no longer be available.
- Cover questions submitted on or after August 1, 2017. Historical questions will be made available as applicable when referenced by current questions. The report does not include questions for which confidential treatment was granted.
For further information on the FR Y-14 information collection, see the Federal Reserve's report forms page: www.federalreserve.gov/apps/reportforms/default.aspx.