Bankowość · 14/05/2018

Federal Agencies Invite Public Comment on Proposal to Update Regulatory Capital Rules for Banking Organizations

The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation are seeking public input on a joint proposal to modify the regulatory capital rules for banking organizations, which will impact the implementation of the current expected credit losses methodology under Generally Accepted Accounting Principles (GAAP) as outlined in Accounting Standards Update No. 2016-13.