European Banking Authority final guidelines on IFRS9

18 May 2017
Company
Date submitted
18 May 2017
Resource type
Best practice
File type
pdf PDF file (606.91K)
On May 12th the European Banking Authority published its final guidelines on IFRS9. This brief digest summarises the salient points for non-complex institutions.

In summary the EBA is raising the bar, in terms of certain IFRS9 provisions. Such guidelines are of course important for all UK FIs, not least because the PRA is in the habit of commending them in its rules.
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