Supervisory Capital Assessment Program
Also found in: Acronyms.
Supervisory Capital Assessment Program
See Stress test.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Supervisory Capital Assessment Program
A program in the United States that conducted assessments of the capital adequacy of bank holding companies under two different scenarios. Bank holding companies in the United States with assets worth more than $100 billion were tested in 2009. The first scenario assumed generally accepted macroeconomic conditions for 2009 and 2010, while the second made pessimistic assumptions. The program was intended to determine banks' likelihood of failure in the event of a financial crisis.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved