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The benefits of CECL model validation beyond regulatory compliance

The current expected credit loss (CECL) adoption deadline of Jan. 1, 2023 has many financial institutions evaluating various models and assumptions. Many financial institutions haven’t had sufficient time to evaluate their CECL model performance under various stress scenarios that could provide a more forward-looking view, taking the model beyond just a compliance or accounting exercise. Learn how in our article published for Bank Director's Oct. newsletter.

Read the full article in Bank Director's newsletter
Ivan Cilik
The White House, the U.S. presidential residence, at night
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