Volume 5 – Where Financial Institutions Stand on CECL Readiness

Volume 5 – Where Financial Institutions Stand on CECL ReadinessVolume 5 – Where Financial Institutions Stand on CECL Readiness

In this article, we look into how banks are tackling the regulation, from timelines and driving factors, to model selection for the credit loss calculations. The findings are based on bank interviews, ‘round table’ discussions and poll results from various webinars that have been held around the CECL topic.