Stress testing under IFRS 9: a field guide
Higher volatility of loan loss provisioning will complicate financial planning and hit capital
Ashutosh Nawani is a director and head of financial risk management and Stanislav Shcheredin a senior manager and credit risk lead at PwC Financial Services Risk Consulting
When it comes into force next year, International Financial Reporting Standard (IFRS) 9 will fundamentally change the way banks calculate expected credit losses for financial assets that are not measured at fair value. As a result, it will dramatically reshape the way dealers conduct statutory stress tests, and in turn lead
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