Department of Treasury June 15, 2011 – Federal Register Recent Federal Regulation Documents

In accordance with the Privacy Act of 1974, as amended, the Departmental Offices, U.S. Department of the Treasury (``Treasury''), on behalf of itself and the Consumer Financial Protection Bureau (``CFPB''), gives notice of the establishment of a new Privacy Act System of Records.

The proposed information collection request (ICR) described below has been submitted to the Office of Management and Budget (OMB) for review and approval, as required by the Paperwork Reduction Act of 1995, 44 U.S.C. 3507. OTS is soliciting public comments on the proposal.

The OCC, Board, and the FDIC (collectively, the ``agencies'') request comment on proposed guidance on stress testing (proposed guidance). The proposed joint guidance outlines high-level principles for stress testing practices, applicable to all Federal Reserve- supervised, FDIC-supervised, and OCC-supervised banking organizations with more than $10 billion in total consolidated assets. The proposed guidance highlights the importance of stress testing as an ongoing risk management practice that supports a banking organization's forward- looking assessment of its risks.