Our subject matter experts, Chris Henkel, Senior Director, and Anna Krayn, Senior Director, discuss critical steps in meeting the new CECL standard.
The deadline for meeting the new current expected credit loss (CECL) standard is fast approaching. Many banks are well on their way in assessing processes, portfolio segmentation, model development, system requirements, and identification of data and resource needs. How prepared are you for CECL?
Moody’s Analytics has helped numerous banks with their readiness for the new accounting standard, both locally and abroad. While realizing the unique nature of each bank, it is critical to identify how to leverage existing processes and tools to understand the impact to capital, reserves, and resource constraints among others in the adoption to CECL.
- Understanding the economic impact of CECL
- Evaluating gaps in data and resources
- Choosing the right methodology for the portfolio
- Creating a dialog with auditors and examiners
With COVID-19 continuing to batter the global economy, many banks are struggling to model credit losses as they prepare for their upcoming Comprehensive Capital Analysis and Review (CCAR) submissions as well as 3rd Quarter earnings.
Join us for an in-depth analysis of CRE loan performance and credit risks under Moody’s latest economic and real estate scenarios.
Credit loss forecasting models are only as effective as the data on which they were built, and few, if any, were designed to capture the effects a sudden pandemic would unleash on the U.S. economy. In times like this, how are financial institutions determining the right amount to set aside for future credit losses?
Some Small and Medium-Sized Enterprises (SMEs) in the UK and beyond will have enough working capital relative to fixed expenses to withstand an extended business closure, but many will need help.
Join us for a comprehensive presentation on the state of the U.S. CRE market, and the impact on measures of credit quality.
In this webinar we discuss how some Small and Medium Sized Enterprises (SMEs) will have enough working capital relative to fixed expenses to withstand an extended business closure, but many will need help.
COVID-19 will have far reaching effects on the accounting for CECL and IFRS 9.
Volatility has risen significantly in financial markets, driven by COVID-19. How might this affect US multifamily and commercial real estate (CRE) transaction markets? What are the mechanisms through which panic and a flight to safety will hurt some markets but benefit some players?
Employing a data-driven approach to risk rating commercial loans has gone from a nascent idea to an established practice, allowing financial institutions to make informed decisions, improve profitability, and better identify trends in risk. Join us for an in-depth discussion on leading practices and lessons learned from a decade of enhancing the process of risk rating commercial loans.