CCAR (Comprehensive Capital Analysis and Review)

The Comprehensive Capital Analysis and Review (CCAR) is an annual regulatory exercise conducted by the U.S. Federal Reserve to ensure that the largest and most complex U.S. bank holding companies (BHCs) and intermediate holding companies of foreign banking organizations (IHCs) have robust, forward-looking capital planning processes and sufficient capital to withstand a severely adverse economic shock while continuing to lend to households and businesses. CCAR is a critical component of post-2008 financial crisis regulatory reform, assessing both the quantitative sufficiency of a firm's capital and the qualitative strength of its internal capital planning and risk management practices.