AxiomSL CFO Attestation: Don’t Get Stressed Out Over Testing Results
On April 5th, Bank Holding Companies were required to submit their board approved capital plans and FR Y-14A stress AxiomSL | Inside View - CFO Attestationtesting results to the Federal Reserve. While proposed changes to reporting forms and instructions are typically viewed as a routine process, the upcoming inclusion of a CFO attestation of the filed reports, for both the actual data as well as the projections, raises the bar on expectations and accountability. Now is the time for banks CFOs
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