As state-level regulations in California have been finalized and pressures to comply mount, the Equipment Leasing and Finance Association (ELFA) will host a second webinar designed to help the equipment finance industry prepare for financial...
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July 13, 2022, 07:23 AM
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M&T Bank Chairman and CEO René Jones released his letter to shareholders, an annual tradition featuring candid insights on the banking industry and the communities in which M&T operates. This year's letter explores the impact of the pandemic, the...
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March 02, 2022, 07:19 AM
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The U.S. Department of the Treasury and Internal Revenue Service (IRS) announced proposed regulations on increasing and expanding the first-year depreciation deduction for qualified property. This increased benefit will expand opportunities for small...
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August 15, 2018, 07:07 AM
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The Independent Community Bankers of America (ICBA) thanked the Securities and Exchange Commission for issuing an ICBA-supported final rule reducing disclosure requirements for publicly held community bank holding companies. The unanimously approved...
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July 02, 2018, 07:00 AM
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New financial reform legislation easing the Dodd-Frank Act (DFA) for smaller and custodial banks is not likely to be a near-term ratings issue but could be negative for some banks' credit profiles over the long term, if it results in significantly...
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May 29, 2018, 07:20 AM
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The U.S. Government Accountability Office (GAO) issued a report last month detailing the regulatory challenges currently facing the fintech sector. The agency found that existing laws and regulations may not be adequate to mitigate the risks posed by...
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April 20, 2018, 07:30 AM
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A year and a half after the issuance of the Financial Accounting Standards Board’s (FASB) and International Accounting Standards Board’s (IASB) respective new lease accounting standards and a year and a half before compliance begins for U.S.-based...
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August 07, 2017, 08:14 AM
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The Financial Accounting Standards Board (FASB) issued an Accounting Standards Update (ASU) that improves financial reporting by requiring timelier recording of credit losses on loans and other financial instruments held by financial institutions and...
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June 22, 2016, 07:15 AM
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