Classification and Stage Allocation of Financial Instruments Under IFRS 9
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.
Speakers:
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.
Related Articles
新冠病毒疫情会造成多大的损失？
穆迪分析提供了若干种可能的经济情景旨在帮助您有效的管理风险、发掘商机。
RDC Wins Award in Celent KYC Report
Regulatory DataCorp (RDC) has been recognized in a new report from Celent that profiles vendors of Know Your Customer (KYC) systems. RDC, which Moody’s acquired in January, won the 2020 xCelent Customer Base award for KYC Systems.
Moody's Analytics South Africa Webinar Series: Collaborative Credit Decisioning and Early Warning Capabilities
In this webinar we will discuss the Moody’s Analytics' automated capabilities to: - Speedily access financial spreading data - Interpret PDFs - Analyse data within a SaaS deployed collaborative framework.
Moody's Analytics Wins Best Credit Risk Solution Provider in Waters Rankings
For the fourth time in five years, Moody’s Analytics has been voted Best Credit Risk Solution Provider in the Waters Rankings.
Moody's Analytics Repeats IFRS 9 Wins at Risk Technology Awards
For the second straight year, Moody’s Analytics has won the Risk Technology Awards for IFRS 9 – Enterprise Solution of the Year and IFRS 9 – ECL Modelling Solution of the Year. These are two of our seven wins.
Moody's Analytics and KBA East Africa Webinar Series: Risk Based Loan Pricing
Kenya’s parliament agreed last year to remove an interest rate limit that was introduced in 2016 to curb high borrowing costs.
RiskFirst's PFaroe™DB Platform for Pension Risk Management Chosen by Graystone Consulting, a Business of Morgan Stanley
RiskFirst, a Moody’s Analytics company, today announced that Graystone Consulting, a business of Morgan Stanley, will be using RiskFirst’s flagship PFaroeDB solution to improve its investment risk management offering for its institutional pension client base.
Structured Finance Issuer Solutions Strategic Update
Join Moody’s Analytics for our Structured Finance Issuer Solutions Strategic Update Webinar.
A Perfect Storm Blows Australian Wholesale Used-Vehicle Prices Sky-High
Wholesale used-vehicle prices rose to all-time highs across Australia in June. Following a record-breaking monthly increase in May, June doubled down on the historic gains.
Moody's Analytics Wins Best Middle-Office Platform at WatersTechnology Asia Awards
Moody’s Analytics has won the Best Middle-Office Platform category in the 2020 WatersTechnology Asia Awards, on the strength of our regulatory compliance and balance sheet management capabilities.
