New loan modification disclosure requirements

In this article, we provide a deep dive into the new disclosure requirements surrounding loan modifications, including when you have to make these disclosures and how best to prepare. Gain insight and understanding and learn your next steps when working with ASU 2022-02.

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Digital signatures: FINRA guidance for broker-dealers

The Financial Industry Regulatory Authority (FINRA) issued Regulatory Notice 22-18 to address the increasing number of reports regarding registered representatives and associated persons forging or falsifying customer signatures. It details multiple FINRA Rules that may be violated in the case of a forgery or falsification. We break down the guidance and the five methods firms use to identify the forgeries or falsifications. Here's what broker-dealers need to stay compliant.

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FDIC issues its First Quarter 2022 Quarterly Banking Profile

The Federal Deposit Insurance Corporation (FDIC) recently issued its First Quarter 2022 Quarterly Banking Profile. Review our key takeaways from the report for the 4,353 FDIC-insured community banks from the profile.

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FASB issues accounting pronouncements

The latest Financial Accounting Standards Board (FASB) pronouncements have been released, and we summarized the highlights. Topics reviewed include Derivatives and Hedging (Topic 815), Financial Instruments – Credit Losses (Topic 326), Leases (Topic 842), and more. Stay up to date on the pronouncements.

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In person and on the radio

BerryDunn and Stifel annual banking event coming October 13-14

Join us for our 11th annual gathering of New England banking leaders, as we take stock of the current climate, look forward to future trends, and get a high-level economic update from one of the country’s leading economists. This information-packed two-day event includes an afternoon harbor cruise networking event, dinner, and more.
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CECL Radio podcast: What's next after crossing the CECL finish line

In this episode, CECL experts and BerryDunn colleagues Susan Weber and Lisa Openshaw look ahead to what you need to know on Day 1. They discuss strategies for living with CECL post-adoption, what to expect in your first CECL audit, and steps banks may want to take in the year ahead.
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