Featured Product

    SBIF Modifies Information System Manual for Changes Related to CNC

    March 13, 2019

    SBIF updated the Information System Manual with respect to the modifications made to the Compendium of Accounting Standards (CNC) in July 2018. The new files are part of the changes to the rules related to provisions for credit risk of the commercial portfolio of group analysis, contained in Chapter B-1 of the CNC. The provisions will come into force in July 2019.

    SBIF also published a supporting document that contains summary of the feedback received during consultation and their respective responses. The supporting document includes different examples for the application of the standard method of provisions of commercial analysis commercial loans, within the framework of the provisions of Chapter B-1 on the commercial portfolio of group analysis. Following changes are presented in the files of the Accounting System and Tables of the Information System Manual:

    • Modification of the file "Loans, contingent loans, provisions and write-offs" (C11)
    • Modification of the file "Assets and provisions corresponding to leasing operations" (C13)
    • Modification of the file "Assets and provisions corresponding to factoring operations" (C14)
    • Creation of the file "Loans, contingent loans and provisions for student loans" (C19)
    • Creation of the file "Loans, contingent loans and provisions for generic group commercial loans" (C20)
    • Modification of Tables 25, 71, 89, and 90

     

    Related Links (in Spanish)

    Keywords: Americas, Chile, Banking, Accounting, Credit Risk, CNC, Information System Manual, Reporting, SBIF

    Featured Experts
    Related Articles
    News

    EBA Proposes Guidelines for Establishing Intermediate Parent Entities

    EBA issued a consultation paper on the guidelines on monitoring of the threshold and other procedural aspects of the establishment of intermediate EU parent undertakings, or IPUs, as laid down in the Capital Requirements Directive.

    January 15, 2021 WebPage Regulatory News
    News

    EC Adopts Financial Reporting Changes Arising from Benchmark Reforms

    EC published Regulation 2021/25 that addresses amendments related to the financial reporting consequences of replacement of the existing interest rate benchmarks with alternative reference rates.

    January 14, 2021 WebPage Regulatory News
    News

    BIS Bulletin Examines Key Elements of Policy Response to Cyber Risk

    BIS published a bulletin, or a note, that examines the cyber threat landscape in the context of the pandemic and discusses policies to reduce risks to financial stability.

    January 14, 2021 WebPage Regulatory News
    News

    HMT Updates List of Post-Brexit Equivalence Decisions in UK

    HM Treasury, also known as HMT, has updated the table containing the list of the equivalence decisions that came into effect in UK at the end of the transition period of its withdrawal from EU.

    January 14, 2021 WebPage Regulatory News
    News

    EBA Issues Erratum for Technical Package on Reporting Framework 3.0

    EBA published an erratum for technical package on phase 1 of the reporting framework 3.0.

    January 14, 2021 WebPage Regulatory News
    News

    APRA Publishes FAQ on Measurement of Credit Risk Weighted Assets

    APRA updated a frequently asked question (FAQ), for authorized deposit-taking institutions, on the measurement of credit risk weighted assets.

    January 14, 2021 WebPage Regulatory News
    News

    EBA Publishes Risk Dashboard for Third Quarter of 2020

    EBA published the quarterly risk dashboard, along with the results of the Risk Assessment Questionnaire survey among 60 banks and 15 market analysts.

    January 13, 2021 WebPage Regulatory News
    News

    ECB Analysis Shows Privacy as Biggest Concern in Use of Digital Euro

    ECB concluded the public consultation on the introduction of a digital euro in EU.

    January 13, 2021 WebPage Regulatory News
    News

    ECB Analysis Shows Privacy as Biggest Concern in Use of Digital Euro

    ECB concluded the public consultation on the introduction of a digital euro in EU.

    January 13, 2021 WebPage Regulatory News
    News

    ECB Finalizes Guide on Supervisory Approach to Bank Consolidation

    ECB published a guide that sets out the supervisory approach to consolidation in the banking sector.

    January 12, 2021 WebPage Regulatory News
    RESULTS 1 - 10 OF 6432