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IFRS 9 A Supervisory Perspective

Deadline passed

Session No.: CE 25.20

Location: Kuwait City, Kuwait

Date: June 16-19, 2025 (1 week)

Delivery Method: In-person Training

Primary Language: English

Interpretation Language: Arabic

    Target Audience

    Mid- to Senior level banking supervisors in charge of supervision of banks

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    Qualifications

    Participants are expected to be involved in banking supervision and familiar with bank regulation and supervision issues.

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    Course Description

    This regional course, presented by the IMF Middle East Center for Economics and Finance (CEF) and the IMF - Middle East Regional Technical Assistance Center (METAC), aims to build capacity of banking supervisors in establishing minimum supervisory expectations and guiding banks in creating and maintaining robust and comprehensive frameworks for estimating adequate expected credit losses on financial instruments, and establishing internal supervisory examination processes to evaluate the adequacy of those frameworks.  In so doing, the course will cover various aspects of IFRS 9 and its expected credit loss (ECL) approach to estimating credit loss provisions, notably classification and staging of financial instruments, key and common definitions, ECL model development, management, and supervisory assessment, and regulatory and accounting provision approaches.

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    Course Objectives

    Upon completion of this course, participants should be able to:

    • Classify financial instruments based on IFRS 9 and evaluate the staging criteria of banks.
    • Describe the role of governance and control in an effective ECL framework.
    • Understand the role of Supervisors in banks' implementation of IFRS 9.
    • Establish minimum supervisory expectations for banks in implementing and maintaining their ECL frameworks.
    • Identify and interrogate the key components of an effective ECL framework.
    • Understand the treatment of ECL anomalies such as credit forbearance, purchased or originated-impaired (POCI) financial instruments, other problem assets, in economically stressful periods.
    • Learn from implementation challenges from other countries' experiences.
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