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Bill S. 1564 Calls for Delay of CECL Implementation Until a Quantitative Economic Impact Study is Completed

The Financial Accounting Standards Board (FASB) issued a new expected credit loss accounting standard in June 2016. This new standard introduces the current

Financial Institutions - Regs on Regs on Regs

Last month a colleague and I were fortunate to attend the PA Bankers Association, School of Compliance in Harrisburg, PA. The training consisted of three

Financial Trustee Service Considerations

A financial trustee is a person or firm who manages property or assets on behalf of a third party. One may be appointed for various reasons, including,

Addressing Technology Risks within the Financial Services Industry

As rapidly as technology evolves, so does the inherent risk surrounding that technology. It has now become ever so critical to ensure appropriate mitigation

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Private Companies Rejoice - VIE Rules are Changing for the Better

The Financial Accounting Standards Board (FASB) recently released one of the most anticipated changes to accounting guidance for variable interest entities

SECURITY NOTICE: MAJOR ONLINE BANKING PLATFORM VULNERABILITY - FISERV

Businesses that utilize Fiserv eBanking platforms should take note of an online banking information disclosure vulnerability that was made public. Fiserv

Funding for Start-Up Companies

“I have developed the next groundbreaking software tool, but how can I obtain funding in order to grow this innovation?” This is an all-too-familiar

Insight - Fed Funds Increase

On June 13, members of the Federal Reserve’s Federal Open Market Committee voted to increase the target range for the federal funds rate by 25 basis

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Landmark Regulatory Reform Bill Alleviating Burden on Banks Signed into Law

On May 24th, President Trump signed into law S. 2155, the Economic Growth, Regulatory Relief and Consumer Protection Act. The law intends to right size

Regulatory Reform Bill Alleviating Burden on Banks and Credit Unions Progresses Through Congress

The United States Senate passed bill S. 2155 – Economic Growth, Regulatory Relief and Consumer Protection Act – a bipartisan reform bill that

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