CECL Compliance – Time it right
Newgen Software
FEBRUARY 7, 2024
The rider on the CECL Compliance mandate – banks need to maintain reserves for all loan types, impaired or not. ALLL estimation is what is driving the banking industry into a frenzy. CECL Compliance: Getting down to the nuts and bolts Implementation of CECL Compliance for public banks is expected by 2018 and for private banks by 2020.
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