Banks struggle to crack 'very complex nut' of IFRS 9

Move to expected loss impairment regime brings major challenges, say banks and accountants


With perfect hindsight, banks might have been spared the pain of the financial crisis. But in the absence of a crystal ball, magic mirror or time machine, such a level of clairvoyance is hard to achieve. In its absence, banks and regulators have searched for ways of making sure the possibility of future downturns is considered – for instance, by using counter-cyclical capital buffers, more pessimistic modelling assumptions and regular supervisory stress tests.

Accountants are also doing their

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here