Federal and State Financial Regulators Host Webinar on Recent Troubled Debt Restructuring Guidance

The federal financial institution regulatory agencies and the state banking regulators, will host an interagency webinar on Friday, March 27, 2020, at 2 p.m. Eastern.

This interagency Ask the Regulators session is designed to help clarify the interagency statement issued on March 22, 2020, which encourages financial institutions to work constructively with borrowers affected by COVID-19 and provides additional information regarding loan modifications, including when such modifications would not result in accounting for troubled debt restructuring designation.

This webinar is scheduled for Friday, March 27, 2020, from 2 to 2:45 p.m. Eastern. Registration is now open at https://www.webcaster4.com/Webcast/Page/583/33856.

Participants can submit questions in advance via email at rapid@stls.frb.org. Webinar materials will be archived for future viewing.