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Medical Certification
Illinois Administrative Code Part 280 states that:
1. The illness may be certified by either a licensed physician or a local board of health.
2. Certification shall include:
a.
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What is automated desk approved scenarios?
Automated desk approved scenarios are predefined scenarios that are approved by an automated system.
Who is required to file automated desk approved scenarios?
Financial institutions are required to file automated desk approved scenarios.
How to fill out automated desk approved scenarios?
Automated desk approved scenarios can be filled out by accessing the designated portal and inputting the required information.
What is the purpose of automated desk approved scenarios?
The purpose of automated desk approved scenarios is to assess the financial stability and risk management practices of financial institutions.
What information must be reported on automated desk approved scenarios?
Automated desk approved scenarios must include detailed financial data, risk exposure assessments, and stress test results.
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