Volume 6 - CECL: Defining a Good Implementation Model
What does a ‘good’ CECL implementation look like in terms of effect on capital and potential future strategies?
Default Finastra
In January 2020, SEC filing banks are expected to switch to the new Current Expected Credit Loss (CECL) standard that will change how financial institutions account for credit losses for certain instruments. What does a ‘good’ CECL implementation look like in terms of effect on capital and potential future strategies?