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September 2016

In this video cast, we will discuss the implications of the final CECL standard and approaches to implementation.

Although the Financial Instruments - Credit Losses standard, also known as CECL, is now on the books, there are more questions than answers as firms are beginning to plan for eventual implementation:

What are the considerations for overarching framework and process?
Which existing tools and approaches can be leveraged and what will likely need to be built?
What are segmentation considerations?

Related Insights

CECL Quantification: Commercial & Industrial (C&I) Portfolios Webinar Slides

In this presentation of the third webinar in our CECL quantification webinars series, our experts discussed which commercial and industrial (C&I) models and methodologies can be leveraged to fulfill CECL requirements, and key considerations in transitioning these models.

March 2017 Pdf Emil LopezDr. Janet Zhao

CECL Quantification: Commercial & Industrial (C&I) Portfolios

In the third webinar in our CECL quantification webinars series, our experts discussed which commercial and industrial (C&I) models and methodologies can be leveraged to fulfill CECL requirements, and key considerations in transitioning these models.

March 2017 WebPage Emil LopezDr. Janet Zhao

CECL Quantification:Commercial & Industrial (C&I) Portfolios Webinar Slides

In the third webinar in our CECL quantification webinars series, our experts discussed which commercial and industrial (C&I) models and methodologies can be leveraged to fulfill CECL requirements, and key considerations in transitioning these models.

March 2017 Pdf Emil LopezDr. Janet Zhao

Introduction to CECL Quantification Webinar Slides

In this presentation, our experts Emil Lopez and Jing Zhang, introduce some key CECL quantification methodologies and enhancements that can be made to existing approaches to make them CECL compliant.

February 2017 Pdf Emil LopezDr. Jing Zhang

CECL Webinar Series: Introduction to CECL Quantification

In this presentation, our experts Emil Lopez and Jing Zhang, introduce some key CECL quantification methodologies and enhancements that can be made to existing approaches to make them CECL-compliant.

February 2017 WebPage Emil LopezDr. Jing Zhang

CECL Methodologies Q&A

American Banker spoke with Anna Krayn from Moody's Analytics about CECL, the new FASB accounting standards on current expected credit loss.

February 2017 Pdf Anna Krayn

NIIF 9: Un cambio fundamental en la contabilización de pérdidas de crédito

NIIF 9 introduce cambios en la contabilidad de riesgo crediticio que prometen aumentar la transparencia y confianza en los estados financieros. Al mismo tiempo, la nueva normativa de cálculo de provisiones crea un gran reto para los bancos en América Latina con impacto tanto a nivel de resultados contables como a nivel de organización interna, revisión de sistemas, procedimientos y metodologías.

November 2016 WebPage Emil Lopez

Getting Ready for CECL

The FASB’s new impairment standards won’t take effect until 2020, but institutions should start planning now. This webinar outlines key considerations for early CECL preparation, including: main challenges; expectations of auditors, regulators, and investors; planning in firms of varying sizes; and how to get started.

October 2016 WebPage Anna KraynEmil Lopez

Leveraging Basel and Stress Testing Models for CECL

Basel Advanced IRB models, other internal ratings models, and Stress Testing models were developed by many large financial institutions for capital management. Moody’s Analytics will outline how institutions can leverage these models to comply with FASB’s new impairment accounting standards.

October 2016 WebPage Emil LopezNihil Patel

CECL: The Road to CECL

In this webinar, we discuss what the new CECL standard is and why the FASB is changing Impairment Accounting. Key topics include the timeline for implementation, key differences are in the new impairment models compared with the existing ones, and how the allowance calculation process is likely to change.

September 2016 WebPage Anna KraynEmil Lopez

CECL Spotlight with Anna Krayn

As firms begin their implementation process for CECL, there are still more questions than answers as firms are beginning to plan for eventual implementation. However, there are some key benefits to early CECL adoption. In this live interview, Anna Krayn gives her perspective and recommendations.

September 2016 WebPage Anna Krayn

CECL Spotlight with Emil Lopez

As firms begin their implementation process for CECL, there are still more questions than answers as firms are beginning to plan for eventual implementation. However, there are key steps firms can take to prepare. In this live interview, Emil Lopez gives his perspective and recommendations.

September 2016 WebPage Emil Lopez

CECL: CECL v. IFRS 9

In this webinar, we identify the key similarities and differences between the two standards of IFRS 9 and CECL such as timeline for adoption and complexity of implementation. And for those firms subject to both standards, we provide insight into the key operational considerations.

September 2016 WebPage Emil Lopez

CECL: Disclosures and Timelines

In this webinar, we explore the implications of new disclosure requirements and the effective dates for CECL implementation. We explain why banks should start preparing for CECL now and what are the advantages to early implementation.

September 2016 WebPage Anna KraynEmil Lopez

The Long Road to CECL: Implementation Considerations Presentation Slides

As firms prepare for CECL, there are still many questions about the best approaches to implementation and how the regulatory requirements will impact adoption. In this webcast, we answer practitioners questions and provide suggested approaches for implementation.

September 01, 2016 Pdf Anna KraynEmil Lopez

Implications of the FASB's New Credit Loss Impairment Standard

On June 16, FASB issued the much anticipated financial instruments impairment standards update. The implications of this standard are significant and will change the way credit losses are measured for most financial assets (e.g. receivables, debt securities and loans).

June 2016 WebPage Anna KraynChristian Henkel

DFAST Quick Takes: Looking Toward CCAR Results

This article outlines recent approaches to managing credit risk when facing regulatory capital requirements. We explore how institutions should best allocate capital and make economically-optimized investment decisions under regulatory capital constraints, such as those imposed by Basel or CCAR-style rules.

June 2016 WebPage Anna KraynDavid LittleEd Young

Reading the Tea Leaves of Recent Regulatory Guidance

In this article, we review the common themes reflected in recent regulatory guidelines released by the Federal Reserve and the BCBS.

June 2016 WebPage Anna KraynDavid LittleEd Young

Preparing for the New Impairment Requirements: A Practitioner's View

This article describes the new standards set forth by the FASB. It covers the history of the ALLL and explains how the recent financial crisis highlighted the need for new standards.

June 2016 WebPage Christian HenkelEmil Lopez

Reading the Tea Leaves of Recent Regulatory Guidance

December 2015 was a busy month for regulatory agencies and global standard setters. Throughout the year the industry has been waiting for additional guidance on high impact topics including capital planning and allowance methodologies, and in the final stretch of 2015 both the Federal Reserve and the Basel Committee on Banking Supervision (BCBS) complied. This paper will primarily focus on common themes in the two releases.

January 2016 Pdf Anna KraynEd YoungDavid Little

Using a Risk Appetite Framework to Align Strategy and Risk

In this article, we provide an overview of some common problems organizations face and introduce a solution to develop an integrated, transparent, measurable, and actionable Risk Appetite Framework.

December 2015 WebPage Anna KraynEd Young

From the Editor

Post-crisis regulatory drivers are giving rise to better risk management practices that will provide a competitive advantage. With this in mind, this edition of Risk Perspectives looks at the future of risk management, and the best practices of today that will form the successful risk management practices of the future.

December 11, 2015 WebPage Anna Krayn

Mejores Prácticas en el Análisis, Calificación, y Evaluación de Créditos

Existen varios desafíos para los profesionales de crédito al intentar construir, validar e integrar herramientas de análisis de crédito en sus plataformas y modelos internos. La optimización de este proceso permite a los bancos concentrarse menos en el proceso y más en el análisis y mitigación del riesgo crediticio.

May 2015 WebPage Emil Lopez, Elaine Bell

Learnings from CCAR 2015 and Beyond

In this webinar, Moody's Analytics experts revisit the CCAR 2015 scenarios, review industry results and discuss how to identify and quantify Systemic Risk.

April 2015 WebPage Mark Zandi, Anna KraynDr. Samuel W. Malone

Key Findings of the Moody's Analytics Stress Testing Survey

This webinar discusses the challenges faced in the recent ECB/EBA/PRA exercise and how banks are planning to address these challenges for future stress tests.

November 2014 WebPage Elaine Bell, Emil Lopez

Comparing DFAST 2014 Estimates for CCAR Banks Under the FRB's Severely Adverse Scenario

This quantitative analysis of CCAR 2014 Severely Adverse scenarios, Moody's Analytics finds that the Federal Reserve Bank's (FRB's) and banks' own modeled estimates of capital ratios, revenue, net income, and loan credit losses are generally well aligned, although variations in all measures and across all banks are evident. In addition, the FRB's estimates are generally more conservative than those of the individual banks, reflecting differences in the FRB's industry-based models vs. the banks' portfolio specific models, treatment of missing or invalid data in the FRB's modeling approach, and assumptions about projected balance sheet volumes. The wide variation among bank modeled estimates and their overall alignment with FRB modeled estimates argues against banks targeting general industry benchmarks (such as average loss rates) and in favor of building models around their own business models and portfolio characteristics.

July 2014 Pdf Danielle Ferry, Dan Brown, Anna Krayn

Learn the Fundamentals of Managing Liquidity Under Basel III Presentation

Changes to liquidity management regulations present significant challenges for organizations based in the United States. In this presentation, our experts discuss key aspects of the planned US Basel III liquidity regulations, critical challenges in implementing these regulations, and a best practice framework for delivering compliance with the US Basel III directive.

May 2014 Pdf Anna Krayn

Learn the Fundamentals of Managing Liquidity Under U.S. Basel III Webinar

In this webinar, recorded on May 1, 2014 Anna Krayn and Olivier Brucker discuss key aspects of the planned US Basel III liquidity regulations, critical challenges in implementing these regulations, and a best practice framework for delivering compliance with the US Basel III directive.

May 2014 WebPage Anna Krayn

When CCAR Met Basel

In this article, we discuss where CCAR and Basel III intersect, with a particular focus on the data, analytics, and reporting layers of a sound CCAR/Basel III IT architecture, and why banks should address both within an integrated platform to meet, and go beyond, regulatory compliance.

November 2013 WebPage Anna Krayn, Michael Richitelli

Modeling Credit Losses to Meet Stress Testing Requirements

This article discusses two conceptual approaches for modeling stressed credit losses: top-down and bottom-up. It highlights the benefits and challenges of using each approach and regulatory expectations.

November 2013 WebPage Thomas Day, Anna Krayn

How Banks and Credit Unions Can Prepare for CECL Implementation

In this short video, learn the four key steps institutions should take to prepare for CECL implementation.

CECL vs. IFRS 9

This infographic provides a comparison of CECL and IFRS 9.

WebPage Emil Lopez