Summary The FDIC, the Board of Governors of the Federal Reserve, and the Office of the Comptroller of the Currency (the Agencies) will jointly host a webinar to discuss a new transition provision in an interagency Interim Final Rule (IFR) to delay the impact that the current expected credit losses methodology (CECL) for estimating allowances for credit losses has on regulatory capital. The webinar is scheduled for Tuesday, April 14, 2020, at 3:00 p.m. ET. Statement of Applicability to Institutions under $1 Billion in Total Assets: This Financial Institution Letter is applicable to all FDIC-supervised institutions that are required by U.S. generally accepted accounting principles (U.S. GAAP) to adopt CECL in 2020. Generally, institutions with total assets under $1 billion would not meet this criteria. Suggested Distribution FDIC-Supervised Institutions The FDIC does not send unsolicited e-mail. If this publication has reached you in error, or if you no longer wish to receive this service, please unsubscribe | 
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