IFRS 9 - A Supervisory Perspective

Source details

Target audience: Bank supervisors and officials responsible for loan loss provisioning and managing credit risk in countries that have adopted International Financial Reporting Standards (IFRS) or are planning to do so.
Qualifications: To have minimum 5 years' experience in banking supervision.

Explains various aspects of, and issues related to asset classification and provisioning, from both the prudential regulatory perspective and the perspective of accounting/IFRS.
Explores the role of the supervisor in reconciling differences between the regulatory and accounting perspectives.
Covers loan loss provisioning principles and the requirements of the Basel Committee on Banking Supervision (BCBS).
Discusses IFRS 9's expected credit loss (ECL) recognition principles and related IFRS requirements.
Tackles IFRS 9 implementation issues, including those related to challenges faced by inspectors during on-site examination.
Case studies, role-plays, and hands-on exercises are provided to enhance the effectiveness of the course.
Participants are invited (and should be prepared) to share their own experiences and views on this topic.

Understand the IFRS and principles and rules related to credit loss recognition and disclosures and the difference between the accounting and regulatory approaches.
Meet supervisory challenges in helping banks to implement IFRS 9's ECL requirements as well as balancing the accounting and regulatory requirements in asset classification and provisioning.
Recognize major international developments (e.g., BCBS decisions) that affect the application of IFRS 9 and understand their implications.
Examine, interrogate and challenge credit risk model design, model management, and model validation used for ECL assessment.

Learning methods: Case studies, role-plays, and hands-on exercises.
Participant contribution: Participants should be prepared to share their own experiences and views.