Comprehensive Capital Analysis and Review 2018 Summary ...

Comprehensive Capital Analysis and Review 2018

Summary Instructions

February 2018

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM

Comprehensive Capital Analysis and Review 2018

Summary Instructions

February 2018

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM

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Contents

Introduction ............................................................................................................................... 1

About this Publication ................................................................................................................. 2 Differences between the CCAR 2018 Instructions and the Previous Year's Instructions ................... 2 Overview of CCAR Process ......................................................................................................... 3 Communications Related to CCAR and DFAST ............................................................................ 4

Mandatory Elements of a Capital Plan ............................................................................ 7

Assessment of the Expected Uses and Sources of Capital ............................................................ 7 Description of All Capital Actions Assumed over the Planning Horizon ......................................... 11 Description of a Firm's Process for Assessing Capital Adequacy ................................................. 13 Expected Changes to Business Plans Affecting Capital Adequacy or Funding .............................. 14 Organizing Capital Plan Submissions ......................................................................................... 14 Data Supporting a Capital Plan Submission ............................................................................... 14

Federal Reserve's Assessment of a Firm's Capital Plan ........................................... 17

Qualitative Assessments ........................................................................................................... 17 Quantitative Assessments ......................................................................................................... 18 Federal Reserve's Responses to Planned Capital Actions ........................................................... 20 Disclosure of Supervisory Assessments ..................................................................................... 21 Resubmissions ......................................................................................................................... 21 Execution of Capital Plan and Requests for Additional Distributions ............................................ 22

Appendix A: Templates for Comprehensive Capital Analysis and Review Results 2018 .............................................................................................................. 23

Appendix B: Templates for Dodd-Frank Act Stress Testing Results 2018 ............................................................................................................................................. 31

Appendix C: Organizing Capital Plan Submissions ................................................... 37

Capital Plan Narrative ................................................................................................................ 38 Capital Plan and FR Y-14A Supporting Documentation ............................................................... 39

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