IFRS Standard 9 has introduced a new classification of financial instruments which determines their measurement method.
Also the Impairment requirements of IFRS 9 introduced a staging mechanism. This has an objective to recognize lifetime expected credit losses for all financial instruments for which there have been significant increases in credit risk since initial recognition.
In this webinar we will discuss and answer questions such as:
- How can the entities determine the classification of financial instruments based on the business model for managing the financial assets and the contractual cash flow characteristics.
- What are the factors that determine significant increase in credit risk for allocating instruments to stage 2.
- Definition of default and Stage 3 instruments
- Challenges in current environment in determining significant increase in credit risk.
Nash Subedar, Regional Management, Moody's Analytics (Moderator)
Kennedy Mutisya, Chief Finance Officer, Kenya Bankers Association
Metin Epozdemir, Director - Solutions Specialist, Moody's Analytics
Armen Mirzoyan, Senior Economist, Moody's Analytics
Click here for the presentation.
The European Council has published the final text of the regulation (EU) 2019/876 or CRR2 that implements targeted adjustments to the Capital Requirements Regulations in order to complete the European post-crisis regulatory reforms and increase the resilience of financial institutions.
Moody’s Analytics has won Best Solution in Capital & Liquidity Modelling in the Regulation Asia Awards for Excellence 2020, where we also won Data Provider of the Year, for the second straight year.
For the second straight year, Moody’s Analytics has been named Data Provider of the Year at the Regulation Asia Awards for Excellence.
Moody’s Analytics has recently won two awards for our Banking Cloud solution: Best Data Solution for Regulatory Compliance at the Data Management Insight Awards 2020 and Best Middle-Office Initiative at the 2020 American Financial Technology Awards.
As we approach 2021 we look forward to continued economic recovery around the world.
Moody’s Analytics announced its new Early Warning System, which is a single platform that identifies multiple early signals of credit risk to help credit professionals make actionable decisions and more effectively monitor their portfolios.
We examine how the pandemic is impacting decisions over household finances, parenting, entrepreneurship, employment and moving.
The Bank of England will require UK financial institutions to stress-test their balance sheets for climate change risk starting in 2021.
The Canadian Securities Institute (CSI) has announced that students will now be able to take exams online with remote proctoring.
In this session hosted by Insurance Asset Risk and sponsored by Moody's Analytics, we will consider this changing landscape and explore: