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![Manta Why You Need to Proactively Manage Risk]()
Augment Expected Credit Loss Regulatory Compliance
Banks Are Changing Risk Calculations & How That Affects YouIn past decades, financial institutions depended on incurred loss models when giving out loans however, new accounting standards emerged to ensure that expected credit losses are predicted and proactively prepared for. Compliance is already underway in the vast majority of organizations, and the deadline for smaller banks and credit unions to comply with CECL is quickly approaching.
Report Snap Shot
- How Financial Institutions Are Approaching ECL Requirements
- How to Ensure Proactive Risk Management
- How to Support CECL and IFRS Processes
