In November, the federal banking agencies jointly issued a final rule that provides for an optional, simplified measure of capital adequacy, known as the community bank leverage ratio framework (CBLR), for qualifying community banking organizations. The final became effective on January 1, 2020.
Continue reading “CBLR: A win for most, but time for the rest to move on”
With the most sweeping re-casting of credit risk management in decades looming on the horizon, regulators, bank executives and the markets are bracing for the potential disruptive ramifications of this new set of credit loss accounting standards. In response to calls for a more cautious rollout, regulators have agreed to an implementation extension for most community banks. Continue reading “CECL is Coming: Here’s How Bank Stakeholders Can Anticipate Its Impact While Making Their Voices Heard”
The banking industry is unique in the amount of regulatory scrutiny it is subject to, much of which is in the form of self-reporting. Since legislation was passed in 1975 in response to the failure of two federally chartered institutions (United States National Bank and Franklin National Bank), every national bank, state bank, federal savings bank, federal savings association, and credit union is mandated by law to report highly standardized and detailed information about its operations to a central authority, the Federal Financial Institutions Examination Council (FFIEC).
Continue reading “OTC Markets Group Top Performing Banks Report by Qaravan: 2Q 2019”
After the 2008 financial crisis, much of the focus on the regulation of financial institutions shifted to mitigating systemic risk. This included an increased focus on stress testing and the recapitalization of institutions—both intended to help ensure solvency and insulate the global economy from further erosion. Continue reading “CECL: Unpaved Road Ahead”
300 Vesey Street, 12th Floor
New York, NY 10282
+1.212.896.4400
info@otcmarkets.com
www.otcmarkets.com
Cromwell Coulson
Matt Fuchs
Chris Grant
Laura Hamilton
Kristie Harkins
Liz Heese
Tony Hodson
Joe Oltmanns
Jason Paltrowitz
Bob Power
Cass Sanford
Dan Zinn
Guest Contributor