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

DECEMBER 20, 2021

T he CBOT enforcement action states that the bank failed to report hundreds of suspicious transactions to FinCEN even after the bank became aware that specific customer s were involved in criminal investigations. If you know you have questionable activity in your transaction monitoring, slow down and report. Be Prepared.

CECL 78

CECL Transactions Credit Risk 78

Abrigo

JUNE 15, 2023

billion laundered between 2015 and 2020 through the U.S. The subjective nature of real estate pricing makes for easily manipulated transactions that run through financial institutions. billion was laundered between 2015 and 2020 through the U.S. However, GTOs have been insufficient in stopping these transactions from occurring.

Credit Unions 78

Credit Unions Credit and Collections CECL Transactions 78