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The OCC is today proposing revising its 2016 guidelines on recovery planning for the large financial institutions it regulates.

As expected, the financial regulatory agencies today issued a proposed rule implementing a provision of S. 2155, the new regulatory reform law, regarding the treatment of high volatility commercial real estate.

In a comment letter to the Financial Accounting Standards Board today, the American Bankers Association offered support for a proposal that would allow non-public business entities to implement CECL on Jan. 1, 2022.

The National Association of Home Builders/Wells Fargo Housing Market Index stood at 67 in September, unchanged from August’s reading. “Despite rising affordability concerns, builders continue to report firm demand for housing, especially as millennials and other newcomers enter the market,” said NAHB Chairman Randy Noel, a custom home builder from LaPlace, La. “The recent decline in lumber prices from record-high ...

As Treasury and the IRS work to implement the new tax reform law, the American Bankers Association has published a new staff analysis on the recently proposed regulations that would implement the 20 percent deduction that pass-through entities, including Subchapter S corporations, can take under the 2017 law.

The American Bankers Association today announced its endorsement of two software solutions to help banks meet the upcoming deadline for Current Expected Credit Loss implementation. Sageworks ALLL and MST Loan Loss Analyzer are software solutions that provide modeling and data management for CECL accounting. CECL represents the biggest accounting change in banking history. The new standard requires banks to record ...

NACHA has approved three new rules that will expand the capabilities of same-day ACH for banks and bank customers, including expanded hours and a higher per-transaction dollar limit.

As banks in the southeastern United States begin to recover from Hurricane Florence, the American Bankers Association’s dedicated hurricane preparedness and response webpage offers bankers useful tools and resources to assist with the recovery process. T

The Federal Reserve Bank of San Francisco today named Mary Daly as the bank’s next president and CEO, effective Oct. 1.

Anticipating the potentially devastating effects of Hurricane Florence on the southeastern United States, federal and state financial regulatory agencies today issued a joint statement reminding banks of supervisory expectations related to disaster recovery.