WASHINGTON — Bankers are raising concerns that a new Financial Accounting Standards Board proposal that would allow banks to set aside reserves for future losses is too open-ended and might result in banks putting too much aside.

Financial institutions and their regulators have battled for years with the accounting standards entity over the proper way to move away from the pre-crisis requirement that banks set aside reserves only when a loss had already been incurred on a loan. The goal has been to achieve an "expected-loss" scenario that lets banks look into the future in setting such reserves to avoid the kind of financial whiplash that occurred during the crisis.

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