{
  "title": "IFRS 9 Implementation from the Perspective of Banking Supervisors",
  "publication": "Technical Notes and Manuals, March 27, 2026",
  "sourceUrl": "https://www.imf.org/en/publications/tnm/issues/2026/03/27/ifrs-9-implementation-from-the-perspective-of-banking-supervisors-573772",
  "canonical": "https://www.imf.org/en/publications/tnm/issues/2026/03/27/ifrs-9-implementation-from-the-perspective-of-banking-supervisors-573772",
  "overlayPath": "/en/publications/tnm/issues/2026/03/27/ifrs-9-implementation-from-the-perspective-of-banking-supervisors-573772/index.md",
  "summary": "The paper explores the role of banking supervisors with respect to banks’ implementation of IFRS 9. It discusses: the benefits associated with IFRS 9 as well as the main challenges from banking soundness and risk management perspectives; the role that banking supervisors should play in achieving a r",
  "sections": [
    {
      "heading": "Overview and scope",
      "content": "- Authors: Rachid Awad, Luc Riedweg\n- Publication date: March 27, 2026\n- Series: Technical Notes and Manuals No. 2026/004\n- Volume: 2026; Issue: 004; Pages: 50\n- DOI: https://doi.org/10.5089/9798229036580.005\n- Stock No: TNMEA2026004\n- ISBN: 9798229036580\n- ISSN: 2075-8669\n- Subject areas: Bank supervision; Financial regulation and supervision; Financial sector policy and analysis; Financial standards; International Financial Reporting Standards; Procyclicality"
    },
    {
      "heading": "Key findings about IFRS 9 benefits and challenges",
      "content": "- Benefits associated with IFRS 9:\n  - Enhances forward-looking credit risk measurement and provisioning.\n  - Aligns accounting with expected credit loss approach.\n- Main challenges from banking soundness and risk management perspectives:\n  - Potential for increased procyclicality in credit loss recognition.\n  - Operational and methodological challenges for banks and supervisors in implementing expected credit loss models.\n  - Need for sufficient preparation time and sequencing of supervisory tasks."
    },
    {
      "heading": "Role of banking supervisors",
      "content": "- Supervisory responsibilities emphasized:\n  - Assist in achieving a robust implementation of IFRS 9 through guidance and oversight.\n  - Sequence key tasks appropriately to ensure preparedness of banks and supervisors.\n  - Use regulatory provisioning systems as prudential backstops during transition."
    },
    {
      "heading": "Policy recommendations and implementation steps",
      "content": "- Authorities should consider introducing a transition period to:\n  - Provide sufficient preparation time for banks and banking supervisors.\n  - Allow appropriate sequencing of key tasks to be completed before full adoption.\n- IFRS 9 implementation principles:\n  - Implement IFRS 9 in a proportionate and sound manner.\n  - Minimize procyclicality through supervisory measures and transitional arrangements.\n- Prudential backstop recommendation:\n  - Maintain regulatory provisioning systems used as prudential backstops until supervisors have gained sufficient experience with IFRS 9."
    },
    {
      "heading": "Framing and usage",
      "content": "- Intended as Technical Guidance Note; disclaimer states it should not be reported as representing the views of the IMF.\n- Views expressed are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.\n\nIMF Technical Notes and Manuals No. 2026/004 — \"IFRS 9 Implementation from the Perspective of Banking Supervisors\", Rachid Awad and Luc Riedweg, March 27, 2026.\n\n---\n\n Content in this bundle\n\n- Tnmea2026004\n  - Tnmea2026004 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Tnmea2026004 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/tnm/issues/2026/03/27/ifrs-9-implementation-from-the-perspective-of-banking-supervisors-573772"
    }
  ],
  "bullets": [
    "[Markdown version](/en/publications/tnm/issues/2026/03/27/ifrs-9-implementation-from-the-perspective-of-banking-supervisors-573772/index.md)",
    "[Structured JSON version](/en/publications/tnm/issues/2026/03/27/ifrs-9-implementation-from-the-perspective-of-banking-supervisors-573772/index.json)",
    "[Bundle manifest](/en/publications/tnm/issues/2026/03/27/ifrs-9-implementation-from-the-perspective-of-banking-supervisors-573772/bundle-manifest.json)",
    "Authors: Rachid Awad, Luc Riedweg",
    "Published: March 27, 2026",
    "Series: Technical Notes and Manuals",
    "DOI: https://doi.org/10.5089/9798229036580.005",
    "Authors: Rachid Awad, Luc Riedweg",
    "Publication date: March 27, 2026",
    "Series: Technical Notes and Manuals No. 2026/004",
    "Volume: 2026; Issue: 004; Pages: 50",
    "DOI: https://doi.org/10.5089/9798229036580.005",
    "Stock No: TNMEA2026004",
    "ISBN: 9798229036580",
    "ISSN: 2075-8669",
    "Subject areas: Bank supervision; Financial regulation and supervision; Financial sector policy and analysis; Financial standards; International Financial Reporting Standards; Procyclicality",
    "Benefits associated with IFRS 9:",
    "Main challenges from banking soundness and risk management perspectives:",
    "Supervisory responsibilities emphasized:",
    "Authorities should consider introducing a transition period to:",
    "IFRS 9 implementation principles:",
    "Prudential backstop recommendation:",
    "Intended as Technical Guidance Note; disclaimer states it should not be reported as representing the views of the IMF.",
    "Views expressed are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.",
    "**Tnmea2026004**"
  ],
  "related": [
    {
      "title": "Tnmea2026004",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/files/publications/tnm/2026/english/tnmea2026004.pdf",
      "summary": {
        "path": "/-/media/files/publications/tnm/2026/english/tnmea2026004.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/files/publications/tnm/2026/english/tnmea2026004.pdf",
        "mime": "application/pdf"
      }
    }
  ],
  "alternates": {
    "markdown": "/en/publications/tnm/issues/2026/03/27/ifrs-9-implementation-from-the-perspective-of-banking-supervisors-573772/index.md",
    "json": "/en/publications/tnm/issues/2026/03/27/ifrs-9-implementation-from-the-perspective-of-banking-supervisors-573772/index.json",
    "bundleManifest": "/en/publications/tnm/issues/2026/03/27/ifrs-9-implementation-from-the-perspective-of-banking-supervisors-573772/bundle-manifest.json"
  },
  "generatedAtUtc": "2026-09-21T07:26:50.386Z"
}