The Pandemic May Not be Derailing CECL Plans – But Many Institutions Still Risk Serious Delays
Abrigo
DECEMBER 4, 2020
2023 CECL adopters vary in transition progress Financial institutions face considerable questions and obstacles in regard to their transition to CECL. You might also like this webinar on CECL in economic downturns. WATCH NOW. Takeaway 1 The coronavirus pandemic has added complexity, but it hasn't completely derailed CECL efforts for most FIs. Takeaway 2 It appears financial institutions vary greatly on their current implementation progress.
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