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FSOC and the Systemic Risk of Nonbank Companies

In a response to the difficulties it experienced in identifying nonbank systemically important entities, the Financial Stability Oversight Council (FSOC) has proposed a new procedure for detecting and dealing with potential...more

Covenants Reconsidered In Preparation for New Lease Accounting Rules (ASC 842; IFRS 16)

A joint effort by the Financial Accounting Standards Board (“FASB”) and the International Financial Reporting Standards Foundation (“IFRS”) will fundamentally reset the accounting treatment of leases under both US-GAAP and...more

11/20/2018  /  FASB , Financial Services Industry , GAAP , IFRS

Lenders – Caution Required

Lenders need to adopt some risk mitigation techniques as the market operates in frothy conditions - Against a backdrop of optimistic asset valuations driving increased leverage multiples across the large cap and...more

Recent Regulatory Developments for the Credit Markets

The credit markets continue to be subject to significant regulatory change. Recently, two steps have been taken that are intended to increase the ability of certain types of creditors to expand the availability of credit....more

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