New CECL Excel SCALE Tool from Federal Reserve
Abrigo
JULY 26, 2021
The Scaled CECL Allowance for Losses Estimator (SCALE) tool was unveiled during an “Ask the Fed” webinar , where regulators described the Excel spreadsheet-based option using estimated loss rates from peers as a “ starting point ” in the calculation. They also said it doesn’t ensure compliance with U.S. Be Prepared.
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