FDIC Chairman Jelena McWilliams asked the Financial Accounting Standards Board to either delay or rollback its new current expected credit losses (CECL) accounting rules
to the Financial Accounting Standards Board, the administrator of CECL, the FDIC argued that helping the economy was bigger priority than accounting for a rainy day that’s already here.
The FCIC is seeking to exclude COVID-19-related modifications from being considered when determining a troubled debt restructuring classification, which have to be provisioned for. As well, it aims to permit financial institutions currently subject to the CECL methodology to optionally postpone implementation. Finally, it is calling for a moratorium on the effective date of CECL for banks like small community lenders, which aren’t yet subject to the accounting change.
Community Bank Regulatory Relief Act, asking for some similar regulatory forbearance. They also seeking
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
FDIC Chairman Asks for Accounting-Policy Changes Due to CoronavirusJelena McWilliams, the chairman of the Federal Deposit Insurance Corp., urged an accounting rule maker to make delays or exceptions to certain accounting rules to help financial institutions tackle the fallout from the coronavirus pandemic.
続きを読む »
U.S. sanctions Iran, seeks release of Americans amid coronavirus outbreakThe United States imposed fresh sanctions on Iran, keeping up its economic pressure campaign even as it offered to help Tehran cope with the coronavirus pandemic, and called on the Islamic Republic to release detained Americans
続きを読む »
Onetime home of Susan Anton in Beverly Hills area seeks $5 millionThe former home of actress-singer Susan Anton, who gained fame in the 1979 film 'Goldengirl,' is for sale in the Beverly Hills Post Office area for $4.995 million.
続きを読む »
Malaysia seeks Rohingya for coronavirus checks after mosque outbreak: sourcesMalaysian authorities are trying to track down an estimated 2,000 Rohingya who attended a Muslim religious gathering that led to a spike in coronavirus cases across Southeast Asia, sources said.
続きを読む »
FDA Seeks To Expand Treatment For Coronavirus As Part Of White House ResponsePresident Trump spoke about the effort during a briefing at the White House. He also expressed interest in the government possibly taking an equity stake in companies as part of a big stimulus.
続きを読む »
K.J. Apa Faith-Based Film ‘I Still Believe’ Seeks Salvation In Homes Following Coronavirus PandemicSimilar to a number of movies that were released over the weekend in theaters, i.e. Sony’s Bloodshot and Universal/Blumhouse’s The Hunt, Lionsgate and Kingdom Story Company’s fait…
続きを読む »