UK banks gain capital edge through IFRS 9 transitionals

The biggest UK banks reaped £3 billion in capital relief from the use of transitional measures designed to ease the switch to new accounting standard IFRS 9, Risk Quantum analysis shows. 

Under the European Union’s Capital Requirements Regulation (CRR), banks are allowed to phase in the effects of expected credit losses (ECL), estimated using IFRS 9 on their Common Equity Tier 1 (CET1) capital. 

Four UK banks – Barclays, HSBC, Lloyds and Standard Chartered – currently use these transitional

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

If you already have an account, please sign in here.

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