But the Federal Reserve’s decision to disclose the results of the test on a firm-specific basis served a second purpose – to provide investors, and markets more generally, with information that would help them form their own judgments on the condition of U.S. banking institutions.
This  BIS central bankers’ speeches  1  decision proved to be an important step in establishing market and public confidence that the U.S. financial system would weather the crisis. Though conceived and developed in the midst of the financial crisis, SCAP will be remembered as a watershed for supervisory policies applicable to large institutions.