OCC revises stress test information collection requirements for largest institutions, maintains alignment with Fed
On February 3, the OCC issued a notice in the Federal Register seeking public comments on proposed revisions to its information collection requirements for annual stress test reporting by financial institutions with total consolidated assets of $250 billion or more under the Dodd-Frank Act. The OCC explained that the reported data will be used to assess the reasonableness of stress test results and to provide forward-looking information regarding the capital adequacy of covered institutions.
The notice outlined updates to the reporting templates and documentation; however, on its efforts to reduce respondent burden while maintaining consistency with the Fed’s FR Y-14A reporting forms, the OCC noted that the proposed update did not include modifications previously suggested in the agency’s November 2025 notice and request for comment to collect additional pre-provision net revenue information. Instead, the OCC stated that the revised forms would closely resemble those used last year and the Fed’s reporting forms and that any future changes to the Fed’s templates could prompt updates to OCC requirements.
The notice included a link to updated templates and instructions for 2026 and invited comments on the necessity, accuracy and burden of this information collection, as well as suggestions for improving quality and minimizing costs.