Exception Tracking Spreadsheet (TicklerTrax™)
Downloaded by more than 1,000 bankers. Free Excel spreadsheet to help you track missing and expiring documents for credit and loans, deposits, trusts, and more. Visualize your exception data in interactive charts and graphs. Provided by bank technology vendor, AccuSystems. Download TicklerTrax for free.
Hsu discusses the end of LIBOR and its replacement
The OCC has released remarks of Acting Comptroller of the Currency Michael J. Hsu on the importance of maintaining trust in the banking system during the transition from LIBOR to replacement rates at the Alternative Reference Rates Committee (ARRC) Symposium.
His remarks highlighted the importance of a smooth transition away from LIBOR and the potential negative effects that complacency by bank management over LIBOR’s cessation and replacement can have on bank operations, safety and soundness.
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