Journal of
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Archive » April 2017 » Ifrs 9, the deep impact on credit risk and banking business

Ifrs 9, the deep impact on credit risk and banking business

Fabrizio Dabbene, Marco Roberti Vittory
April 2017 - n. 4
Jel codes: G21, G28, M41, M48

The adoption of Ifrs 9 (January 2018) will require significant enhancements to financial institution’s organization, data, systems, quantitative models and governance, amongst other areas. Implementation of Ifrs 9’s forward-looking requirements may be challenging and will also impact on banks’ operational processes due to the scale of change required by the new standard.

 

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