Luetkemeyer, McHenry Query SEC on CECL Effects
Senior House Financial Services Committee member Blaine Luetkemeyer (R-Mo.) and Ranking Member Patrick McHenry (R-N.C.) today wrote to Securities and ...
Tag: Loan loss accounting
FASB Keeps CECL Unchanged; ABA Continues to Urge Impact Study
The Financial Accounting Standards Board today declined to make changes to its current expected credit loss model, as proposed by ...
Podcast: Where Banks Are on CECL, and Where They Need to Be
With the Current Expected Credit Loss standard for loan loss accounting coming into effect for many banks -- and the ...
Luetkemeyer Warns of CECL’s Negative Consequences for Consumers, Community Banks
Rep. Blaine Luetkemeyer (R-Mo.) today warned of the negative consequences that the Financial Accounting Standards Board’s current expected credit loss ...
As CECL Looms, Prepare for Board Discussions
Loan committees and chairs should be positioned to play a role to facilitate discussions about the new loan loss accounting ...
Fed to Watch CECL Implementation ‘Very Carefully,’ Chairman Says
As banks prepare to implement the Financial Accounting Standards Board’s current expected credit loss standard, Federal Reserve Board Chairman Jerome ...
Luetkemeyer Seeks Information on CECL’s Effect on GSEs
Rep. Blaine Luetkemeyer (R-Mo.) today wrote to Federal Housing Finance Agency Acting Director Joseph Otting today requesting information on how ...
Industry Stakeholders Raise Broad Concerns about CECL at FASB Forum
The Financial Accounting Standards Board’s current expected credit loss standard presents significant operational challenges and stakeholders are concerned about real ...
Positioning for Pro-Growth Policy
Setting ABA’s government relations agenda for 2019.
Survey: Bank Investors Dispute Need for CECL
Three-quarters of bank investors disagree that change is necessary to loan loss accounting rules, while just 17 percent support a ...
