Reminder CECL Webinar April 11th

"Ask the Regulators" webinar on upcoming changes to the Current Expected Credit Losses (CECL) accounting standard will be held tomorrow, April 11, 2019, at 2 pm. Don't forget to register. 

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New CECL FAQ’s Released

Additional and updated frequently asked questions on the new accounting standard on financial instruments–credit losses has been released.

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Beware of Advance Fee Scams

The District of Columbia Department of Insurance, Securities and Banking is warning District consumers to be on the alert for advance fee scams.

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NCUA and Regulators Encourage Innovation in BSA/AML Compliance

In a joint statement released Monday, the National Credit Union Administration, the Financial Crimes Enforcement Network and other banking regulators, encouraged financial institutions to pursue innovation to meet Bank Secrecy Act and anti-money laundering compliance obligations.

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NCUA Board Approves RBC Delay

The National Credit Union Administration (NCUA) board voted today to approve a final risk-based capital rule (RBC) delaying implementation by one year, to Jan. 1, 2020.

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