19-EA-24 Interagency Accounting Statement

On October 17, 2019, the National Credit Union Administration (NCUA), the Federal Deposit Insurance Corporation and Office of the Comptroller of the Currency (collectively, the “agencies”), issued a proposed interagency policy statement on allowances for credit losses (the Statement). In a separate but related proposal, the agencies are updating their interagency guidance on credit risk review systems (the Guidance).

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