ABA Critiques FASB’s Fair Value Measurement Disclosure Proposal
ABA last week offered a mixed review of the Financial Accounting Standards Board’s proposed changes to the fair value disclosure...
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ABA Opposes FASB’s Government Assistance Proposal
ABA in a letter last week urged the Financial Accounting Standards Board to drop its proposal to expand the disclosures...
Household Debt Rises in Fourth Quarter
Outstanding household debt increased in the fourth quarter of 2015, rising by 0.4 percent to $12.12 trillion, the Federal Reserve...
ABA Calls for More Discussion, Possible Re-Exposure of CECL Standard
In a letter to the Financial Accounting Standards Board yesterday, ABA called for FASB to hold additional meetings and the...
OCC Revises Guidance on Installment Lending, Country Risk Management
The OCC today issued an update to the “Installment Lending” section of its Comptroller’s Handbook.
Curry: Banking Industry ‘Much Stronger’ than Before Crisis
Despite recent drops in the stock market and growing uncertainty surrounding the global financial markets, Comptroller of the Currency Thomas...
U.S., EU Reach Agreement on Clearing Rules for Derivatives Market
After extensive negotiations, the U.S. and the European Union agreed on Wednesday to accept each other’s derivatives rules in order...
