CECL will be effective in 2020 for SEC registrants and 2021 for all others, but ABA and regulators are urging bankers to start the CECL implementation process as soon as possible. To help bank CEOs understand CECL, ABA has produced a brief introductory video. A slide deck is available to educate board members. ABA will also offer webinars on July 26 on strategic questions about CECL and Aug. 23 on CECL measurement methods.
Watch the video.
View all resources and webinar information at aba.com/CECL.