The imposition of CECL reporting, beginning in 2020, presents the US banking industry with unprecedented analytical and administrative challenges. It is no surprise that banks admit to...
Banking Community Looks to Canadian “Dual Filers” for Effects on Loan Loss Recognition
GAAP filers have until 2020 before they must make public their first attempts at estimating credit losses...
What Keeps Community Banks up at Night
In October 2017, the Conference of State Bank Supervisors (CSBS) and the Federal Reserve jointly published “Community Banking in the 21st Century/2017,”...
How incorrect classification of low risk companies can impact revenue & strain business relationships
Organizations rely on the accuracy of their risk management tools to correctly identify and...
The CECL Saga carries on - RapidRatings joins its many clients in the banking industry to pay close attention.
On October 5th, 23 of the 60 members of the U.S. House of Representatives...