General Meeting of Members June 2018

The Board of Global Credit Data hereby gives notice to members of a General Meeting to be held on 21 June 2018 at 1400 Central European Time. The meeting is to be held electronically, as allowed under Article 32a of the Articles of Association. The business to be discussed at the meeting shall include: 1.      Approval of minutes of the General Meeting held in June 2017 2.      Approval of minutes of the General Meeting held in February 2018 3.      Review of the Annual Report of Activities 4.      Approval of the 2017 Financial Statements 5.      Release of Directors from liability 6.      Annual Appointment of Auditors for 2018 7.      Approval of 2019 budget* including contracts therein 8.      Election of Board Members Delegates of Members wishing to put forward further items for discussion at this meeting are requested to contact the Executive Director as soon as possible.  If the above remains as the agenda then we anticipate a meeting of approximately 2 hours. In order to pass resolutions, GCD needs at least 50% of members to attend or vote at the meeting and needs a >50% majority of votes in favour of any resolution.  Members not wishing or able to attend are requested […]

Webinar on CECL methodological survey 2018

At the moment, GCD is running a CECL Methodology survey sponsored by Global Credit Data, the IIF and Accenture. The survey is intended to provide comparative information on bank’s planned methodologies for implementation of CECL. The questions are focused on credit data and modeling for the C&I CRE and Consumer portfolios. We plan to follow the survey with a benchmarking exercise to commence in the early fall. We expect to provide a summary report and analysis to participants by mid-August. In addition, the anonymized data can be made available so that banks can conduct their own analysis. The survey was designed to be completed in less than 40 minutes. Respondents will be able to choose from a menu of methodologies. We received substantial input by leading practitioners to ensure that questions where relevant and methodology choices comprehensive. The deadline for completion of the survey is July 31, 2018 To participate, please use this link: https://www.globalcreditdata.com/lms/index.php/183655?newtest=Y   We also hold a webinar to review the survey and answer any of your questions. The meeting details are as follows:   Date: Thursday, June 21 at 1100 am EST Meeting number: 950 110 775 Password: CECL   The link to the meeting: https://pecdc.webex.com/pecdc/j.php?MTID=ma512b38fe3d9c616b9681fcab9953250   Join by phone +1 631 […]