Thomas Desmond

Thomas Desmond

Vedder Price

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CECL Implementation Delayed for Qualifying Entities

On October 16, 2019, the Financial Accounting Standards Board (“FASB”) extended the implementation deadline for the current expected credit loss standard (“CECL”) for qualifying entities. The new implementation deadlines are...more

10/21/2019  /  Accounting Standards , Banking Sector , Disclosure Requirements , FASB , Publicly-Traded Companies , Regulatory Agencies , Securities and Exchange Commission (SEC) , Smaller Reporting Companies

Illinois General Assembly Passes Bill to Require Annual Reporting of Board Diversity Information - Bill intended to provide data...

On Saturday, June 1, 2019, The Illinois General Assembly passed a bill (the “Diversity Disclosure Bill”) requiring most publicly held companies organized or headquartered in Illinois to include detailed demographic diversity...more

6/5/2019  /  Board of Directors , Corporate Governance , Diversity , Gender Equity , Investment Funds , Pension Funds , Publicly-Traded Companies , Quotas , Woman Board Members
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