FDIC

Letter offers more details on ‘T+3’ proposal

September 19, 2017 0

A letter alerting Federal Deposit Insurance Corp. (FDIC)-supervised financial institutions to a proposal that would shorten the standard settlement cycle from three to two days for securities purchased or sold has been issued by the […]

FDIC

Agencies update CECL ‘frequently asked questions’

September 6, 2017 0

The new “current expected credit loss” (CECL) accounting standard is addressed in updated “frequently asked questions” (FAQs) issued by federal financial institution regulatory agencies, focusing on the methodology for estimating credit loss allowances and related […]

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