Details:

Publisher's site:
https://www.fdic.gov/
Corporate Authors:
Federal Deposit Insurance Corporation (FDIC)
Description:
The federal financial institution regulatory agencies have issued for public comment the attached proposed Interagency Policy Statement on Allowances for Credit Losses in response to changes in the accounting for credit losses under U.S. generally accepted accounting principles (U.S. GAAP), as promulgated by the Financial Accounting Standards Board (FASB). Institutions are encouraged to review the proposed interagency policy statement and submit comments by December 16, 2019.
Content Notes:
Supplemental Document is a Federal Register (84 FR 55510). Peer to FIL-20-2019 (April 3, 2019) and FIL-39-2016 (June 17, 2016)
Subject:
[+]
Accounting, Auditing, and Securities Disclosure
Dataset Download URL:
https://www.fdic.gov/news/financial-institution-letters/2019/fil19059.pdf
Format:
PDF
Release Date:
10/17/2019
Update Date:
10/17/2019
Withdrawn Date:
12/09/2020
Agencies Involved:
Federal Deposit Insurance Corporation (FDIC)Office of the Comptroller of the Currency (OCC)Board of Governors of the Federal Reserve SystemNational Credit Union Administration (NCUA)
Fdic Employee Involved:
Shannon BeattieJohn RiegerAndrew Overton
Other Institutions Involved:
Financial Accounting Standards Board (FASB)
Related Regulation:
12 CFR Part 364
Comment Period End Date:
12/16/2019
Source:
FDIC Website
Memorandum To:
FDIC-Supervised Institutions
FIL Number:
FIL-59-2019
Main Document Checksum:
[+]
urn:sha256:0dcee7e279c91ff49809933c72b95311ddf4e5d0d43bb671445a272c062a01db
Download URL:
https://archive.fdic.gov/view/fdic/6833/fdic_6833_DS1.pdf
File Type:

Supporting Files

• No Additional Files

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