i mentioned the scap, otherwise known as the stress tests.earned in that exercise to reorient our approach to the supervision of large, interconnected banking organizations athat are critical to the stability of the financial system. we're taking a more macroprudential approach, one that goes beyond supervisors' traditional focus on the health of individual institutions and scrutinizes the interrelationships among firms and markets to better anticipate sources of financial contagion. to do that, we are expanding our use of the kind of simultaneous and comparative cross-firm examinations that we used to such good effect in the scap. the federal reserve possibility to draw on a range of disciplines was essential to the success of the scap, animal to the book -- and a multidisciplinary approach will be a central feature of our supervision in the future. we are complementing our traditional onsite examinations with enhanced off-site surveillance programs, under which multidisciplinary teams will combine supervisory information, firm-specific data

i mentioned the scap, otherwise known as the stress tests. we are applying the lessons learned in that exercise to reorient our approach to the supervision of large, interconnected banking organizations that are critical to the stability of the financial system. we're taking a more macroprudential approach, one that goes beyond supervisors' traditional focus on the health of individual institutions and scrutinizes the interrelationships among firms and markets to better anticipate sources of financial contagion. to do that, we are expanding our use of the kind of simultaneous and comparative cross-firm examinations that we used to such good effect in the scap. the federal reserve possibility to draw on a range of disciplines was essential to the success of the scap, animal to the book -- and a multidisciplinary approach will be a central feature of our supervision in the future. we are complementing our traditional onsite examinations with enhanced off-site surveillance programs, under which multidisciplinary teams will combine supervisory in