This chapter discusses how to address the specific challenges IFRS 9 poses for retail and wholesale portfolios, focusing on incorporating forward-looking information into impairment models, ...

IFRS are standards that state the classification of the assets and liabilities of companies operating in the insurance sector. The Insurance Regulatory and Development Authority of India (IRDAI) plans ...

IFRS 9 is a game changer. It requires that credit loss provisions be estimated using risk-sensitive, predictive models, which are effectively variants of A-IRB models. This requires significant effort ...

CIOs have a new acronym to learn -- and fast: IFRS. U.S. companies are facing big changes in how they handle financial reporting, with the expected adoption of new accounting rules known as the ...

The model enables Starling Bank to react quickly to the timing and emergence of defaults and is future-proofed to enable specific sectoral concerns caused by Covid-19 to be reflected. The model ...

THE IASB establish a working group to focus on the upcoming requirements for expected losses under IFRS 9. Suitable candidates are being sought to join the IFRS Transition Resource Group for ...

The National Bank of Ras Al-Khaimah (RAKBANK), one of the UAE's fastest-growing banks, has strategically partnered with CRIF, a global leader in risk management with extensive regional experience, to ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The Coronavirus Business Interruption Loan Scheme (CBILS) provides ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. India could delay an overhaul of its accounting rules – designed to deepen its ties with the world economy – ...