Rapid Ratings Blog

Congressmen Cautious on CECL Implementation

October 05,2017

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...

Read More

The Masking Effect of Artificially Low Interest Rates on Supply Chains

September 07,2017

As access to capital tightens, is winter coming for your suppliers?

The era of artificially low, or in some cases zero, interest rates from central banks continues. But for how long? When the...

Read More

OCC Issues Bulletin 2017-21, an FAQ to Supplement Guidance on Third-Party Relationships

August 14,2017

New bulletin clarifies role of fintechs and emphasizes need to evaluate financial condition throughout the lifecycle

In the four years since the Office of the Comptroller of the Currency (OCC)...

Read More

Gearing Up for CECL: Summer Events Shed Light on Impending Accounting Standards Update

June 29,2017

Two current expected credit loss (CECL) themed events drew the attention of RapidRatingsTM this month. FASB assembled its Transition Resource Group for Credit Losses (“TRG”) on June 12th at...

Read More

CECL Prospects Alarm Banks and Galvanize RapidRatings

May 22,2017
It is clear that 2017 is shaping up to be a year of ever-increasing discomfort for the US banking industry as it confronts the full implications of the radical changes in credit-loss accounting...
Read More