Abrigo

JANUARY 27, 2015

Given pending changes to the ALLL as a result of the FASB’s CECL model, continued challenges within the allowance and increasing focus on stress testing , the Summit is designed to give bankers actionable insights from industry experts and a chance to ask questions about how other institutions tackle some of these challenges.

Credit Unions 74

Credit Unions CECL 74

Abrigo

AUGUST 28, 2015

In addition, after a successful debut at the 2014 Summit, the peer group roundtable discussions return to the agenda. Hear the latest on the FASB’s CECL model. The release of final guidance on the FASB’s CECL model is expected before the end of the year. Gain ALLL and stress testing insights from the industry’s top experts.

CECL 60

CECL Credit Unions 60

Abrigo

OCTOBER 21, 2014

The Financial Accounting Standards Board (FASB) continues to receive attention surrounding their proposed current expected credit loss (CECL) model , as final guidance is expected to be released late 2014 or early 2015. To learn more about FASB’s CECL model, download the whitepaper, FASB’s CECL Model: How to Prepare Now.

CECL 83

CECL Credit Unions Transactions 83

Abrigo

FEBRUARY 3, 2015

Here are two common components of the ALLL calculation for which banks can implement scenario building : Capital Planning for CECL One benefit that comes with scenario planning is increased preparedness for the FASB’s CECL model.

CECL 84

CECL Credit Unions 84

Abrigo

JANUARY 1, 2015

Some of the biggest banking stories in 2014 centered on massive data breaches at top retailers, M&A activities, and regulatory changes like the IASB’s IFRS 9 Financial Instruments. And, as is the case with every year’s end, the media has speculated on what could make headlines in 2015.

CECL 68

CECL 68

Abrigo

JANUARY 19, 2015

The BASEL Committee, in a January 2014 article , acknowledged four components of a capital planning process: 1. Internal control and governance 2. Capital policy and risk structure 3. Forward-looking review 4. Management framework for preserving capital.

Credit Unions 89

Credit Unions CECL Credit Risk 89

Abrigo

DECEMBER 30, 2019

One of the more important takeaways from 2019 is that all institutions, regardless of size or risk profile, must have a strong culture of compliance, as directed by FinCEN’s advisory in 2014. Portfolio Risk & CECL. Even though this advisory was issued several years ago, it is still being cited in exam findings. Fraud Prevention.

Law Firms 78

Law Firms CECL Transactions Credit Risk 78

Abrigo

NOVEMBER 10, 2020

Key Takeaways FinCEN has issued a new advisory in identifying and reporting human trafficking, supplementing its 2014 guidance. In addition to the original 10 red flags in the 2014 guidance, FinCEN identified 10 more indicators FinCEN noted ten behavioral indicators FIs should be aware of. Portfolio Risk & CECL. learn more.

Credit Risk 131

Credit Risk CECL Transactions 131

Abrigo

FEBRUARY 16, 2015

She noted that bank earnings were up more than 7 percent in the third quarter of 2014, compared with the same period the previous year. The industry will likely see more new regulation as the year progresses, as another major banking change is anticipated in 2015, the FASB’s Current Expected Credit Loss (CECL) model.

Credit Unions 60

Credit Unions CECL Small Businesses 60