On April 21, 2023, the Office of the Comptroller of the Currency (OCC) published a press s
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On April 21, 2023, the Office of the Comptroller of the Currency (OCC) published a press statement to inform that the the Board of Governors of the Federal Reserve System (FED), the Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration (NCUA), and the Office itself have issued a revised Interagency Policy Statement on Allowances for Credit Losses. This Policy Statement is intended ...