April 14, 2020
As you know, discussions over the impact of the CECL standard continue, even as Bucket 2 filers now have until 2023 to comply. More changes are expected as the impacts from CECL filings are analyzed. Unknown changes and a three-year deadline could mean procrastination. However, acting now to build a framework designed to handle inevitable regulatory changes will give you the opportunity to optimize your risk management processes and your approach to future regulations.
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