The purpose of Q factors doesn't change in the adjustment from Incurred Loss to CECL.
The CFPB has significantly stepped up its enforcement of UDAAP violations.
There are advantages for farmers and community bankers alike, with the passing of the 2018 Farm Bill.
FASB has made it clear that CECL is complex enough to propose extending the deadline.
Banker confusion around marijuana businesses swirls because the states are not aligned with the feds right now.
As every banker has heard, FASB made a big announcement on CECL last week.
The American Institute of CPAs is planning to shed some light in its upcoming release of guidance on CECL.
Optionality can be challenging with CECL.
To some community banks, WARM looks like a simple way to extrapolate current loss rates over the required life of a loan for CECL.
The Department of Labor recently scrapped a more rigid 7-prong test that guided whether interns could work for free.