This article provides an overview of the new standard and analyzes the major challenges financial institutions will face in ensuring IFRS 9 compliance.
Banks should prepare for a new business ecosystem driven by the financial technology (FinTech) revolution. Learn how the industry can adapt to disruptions.
International Financial Reporting Standard 9 (IFRS 9) will soon replace International Accounting Standard 39 (IAS 39). The change will materially influence banks' financial statements, with impairment calculations affected most.
This article discusses the importance of effective resolution plans, given their impact throughout a business.
This article discusses the regulatory view on governance for stress testing in the US, UK, and euro zone, as well as aspects of governance best practice and implementing an effective stress testing program.
On October 26th, the European Central Bank (ECB) published the results of the Comprehensive Assessment (CA – AQR and Stress Test). This article discusses the results, next steps such as the timeline and capital plan to meet the capital shortfall, other potential areas of enhancement at banks, and future expectations.