An “Ask the Regulators” webinar scheduled for 3 p.m. today will address the accounting and regulatory reporting implications of a revised interagency statement issued on April 7, 2020 by NCUA, the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the CFPB and the Federal Deposit Insurance Corporation.

The statement clarifies the interaction between current accounting rules and section 4013 of the CARES Act, supervisory considerations on past due and nonaccrual regulatory reporting, and regulatory capital implications.

The webinar is being hosted by the Federal Financial Institution Regulatory Agencies Group. To register for the event, click here.