San Francisco Region Bankers' Forum:
Teleconference on the Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA) and Accounting Update
Tuesday, December 4, 2018
1:00 PM – 2:30 PM Pacific Time
On December 4, 2018, the FDIC’s San Francisco Regional Office will host a teleconference on EGRRCPA. Key discussion points will include the impact on Leverage ratio calculations, Call Report requirements, examination cycles, brokered deposits, high volatility CRE reporting, the Volcker Rule, and Resolution Planning. The presentation will also address several accounting standards updates including seller-financed OREO sales, lease accounting, and the Current Expected Credit Losses (CECL) methodology.
The 60-minute presentation will be followed by a 30-minute question and answer session. To ensure questions are addressed, participants will have the opportunity to email their questions in advance to FDICSanFrancisco@FDIC.gov. Questions may also be submitted during the live broadcast.
Who Should Attend
San Francisco Region Supervised Banks: We encourage Directors, Chief Executive Officers, Presidents, Chief Financial Officers, Chief Risk Officers, Treasurers, and Internal Auditors to attend.
Please complete the online registration form to reserve a teleconference line, and receive the conference phone number and passcode. The teleconference is open to FDIC-supervised institutions in the San Francisco Region. Participants may call in from any location and are not required to be onsite at their institution. If you have any problems registering, please send an email to FDICSanFrancisco@FDIC.gov and include your name, title, and bank name/location.
To allow sufficient time for all participants to be connected, we encourage you to call at least 15 minutes prior to the beginning of the teleconference.
Note: Although there is no cost to participate, we would appreciate your registration by Friday, November 30, 2018, to reserve your telephone line.
Robert Coleman, CPA, Regional Accountant
Michael Jennings, Senior Examination Specialist