RMA acts as a liaison between the financial services industry and bank regulatory agencies. As a not-for-profit professional association, RMA does not lobby on behalf of the industry. However, RMA meets often with industry regulators to discuss issues of mutual concerns such as the impact of the slowing economy on bank portfolios.
Basel RMA continues to work with the Basel Committee to reform the 1988 Capital Accord by providing industry input as to how the proposals impact bank capital and overall operations.
Loan Loss Reserves RMA continues to closely follow the issue of Loan Loss Reserves since an AICPA Task Force revised its position significantly to allow an allowance for management judgment.
Regulatory RoundupThis highlights articles where regulators have issued guidance, regulations and standards governing banking organizations