Of special note is that section 165 of the Dodd-Frank Act requires the Federal Reserve to establish enhanced prudential standards for bank holding companies with total assets of $ billion or more and other financial firms designated as systemically important by the Financial Stability Oversight Council. Among other areas, these standards include capital, liquidity, risk management, resolution planning, and single-counterparty credit limits.
Of particular significance is the section 165 requirement that these enhanced standards increase in stringency depending on the size, interconnectedness, role in credit intermediation, and other factors specified in the law. In addition to these enhanced, graduated standards, section 165 requires that firms with greater than $ billion in assets be subject to annual supervisory stress tests.