(a) Review of results. Based on the results of the analysis conducted under this subpart,
the Board will conduct an evaluation to determine whether the covered
company has the capital, on a total consolidated basis, necessary
to absorb losses and continue its operation by maintaining ready access
to funding, meeting its obligations to creditors and other counterparties,
and continuing to serve as a credit intermediary under baseline, adverse
and severely adverse scenarios, and any additional scenarios.
(b) Publication of results by the Board.
(1) The Board will publicly
disclose a summary of the results of the Board’s analyses of a covered
company by June 30 of the calendar year in which the stress test was
conducted pursuant to section 252.44.
(2) The Board will notify companies of the date on which it expects
to publicly disclose a summary of the Board’s analyses pursuant to
paragraph (b)(1) of this section at least 14 calendar days prior to
the expected disclosure date.
