12 CFR 1238.2
§ 1238.2 Definitions.
United States · 12 CFR — Banks and Banking · Status: effective
Cite this
- Citation
- 12 CFR 1238.2, § 1238.2 Definitions, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/50527
- Permanent ID
ys:prov:50527@1- SHA-256
7c19ba785c11436cd439a3506686cb9e20c61e51c9604511cffefcb879c4dfc6
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
For purposes of this part, the following definitions apply:
Planning horizon means the period of time over which the stress projections must extend. The planning horizon cannot be less than nine quarters.
Scenarios are sets of economic and financial conditions used in the Enterprises' stress tests, including baseline and severely adverse.
Stress test is a process to assess the potential impact on an Enterprise of economic and financial conditions (“scenarios”) on the consolidated earnings, losses, and capital of the Enterprise over a set planning horizon, taking into account the current condition of the Enterprise and the Enterprise's risks, exposures, strategies, and activities.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.