FDIC New York Region Regulatory Teleconference:
Regulatory Expectations for Loan Participations
Thursday, April 4, 2013
2:00 p.m. Eastern Daylight Time
On April 4, 2013, the FDIC's New York Region hosted a Regional Regulatory Teleconference. Our topic for the teleconference was “Regulatory Expectations for Loan Participations”
The session discussed proper accounting for loan participations, including what constitutes a true sale; regulatory expectations for credit risk management practices including Advisory Bulletin (FIL-38-2012); risks associated with participations purchased, and common examination criticisms.
Our speakers, Regional Accountant George Herger and Senior Examiner Larry Reynolds provided unique insights from an accounting and examination perspective.
Date: April 4, 2013
Time: 2:00p.m. EDT