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ABA adds to industry pleas for additional CECL review
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Banking, Financial Stability
Tuesday, February 16, 2016
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The American Bankers Association (ABA) has called for the Financial Accounting Standards Board (FASB) to hold additional meetings and issue a new draft standard to address the proposed current expected credit loss model. The FASB held a full-board meeting Feb. 4 in which it met with members of the ABA and Independent Community Bankers of America to discuss how CECL might affect small and community banks.
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