Suggested steps for management to consider in preparation for implementation of the new current expected credit loss (CECL) accounting standard are among the items listed in a “frequently asked questions” document issued Dec. 19 by […]
New members to serve three-year terms are being sought for the Bank Secrecy Act Advisory Group (BSAAG) of the Financial Crimes Enforcement Network (FinCEN), under a notice scheduled to be published by the Federal Register […]
The scope of recordkeeping requirements of qualified financial contracts (QFC) for large financial institutions would be expanded under a proposed rule issued by the FDIC, with comments due by Feb. 27. The proposed expansion of […]
Nominations for appointment to three of CFPB’s advisory groups (councils and board) representing banks, credit unions and consumers will open Jan. 16, with completed applications due by March 1. The bureau expects to announce selection of […]
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