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Home > GARP Risk Podcast > COVID-19: CECL, Stress Testing and Overall Credit Risk Impact
Podcast: GARP Risk Podcast
Episode:

COVID-19: CECL, Stress Testing and Overall Credit Risk Impact

Category: Business
Duration: 00:28:33
Publish Date: 2020-05-11 13:47:26
Description:

To help risk managers stay informed of the latest developments and address the challenges associated with COVID-19, GARP has launched a podcast series featuring lively discussions with thought leaders and experts.

 

The economic fallout from the coronavirus pandemic – including crashing stock markets, plummeting oil prices and soaring unemployment – has resulted in significant credit issues at financial institutions across the globe. All of the uncertainty has not only raised questions about bank capitalization and stability but also forced firms to adjust their credit risk models and assumptions. In this GARP podcast episode, Cris deRitis, Deputy Chief Economist at Moody’s Analytics, will discuss how the pandemic is effecting credit risk modeling, Current Expected Credit Loss regulation and stress testing in the US and Europe.

 

 

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