Judgment-based adjustments to address model and data limitations should be supported by appropriately documented analysis and robust controls and governance.
October 20, 2023The working group will help develop design principles for banks' credit risk models and recommend an independent validation methodology.
October 6, 2023Some Indian banks are setting aside fresh provisions in anticipation of the planned implementation of the Expected Credit Loss framework.
August 1, 2023The amendments cover a wide range of topics, addressing climate, digitalisation, interest rate risk, cyber risk, counterparty credit risk, and bank culture.
July 7, 2023Model and data limitations are making it more difficult for banks to capture credit quality deterioration, which may lead to higher future bank losses and capital inadequacy, the BCBS says.
July 5, 2023The IASB is seeking feedback to help it assess whether the impairment requirements in IFRS 9 are continuing to work as intended.
May 31, 2023Indian banks currently still use the incurred loss model, which the RBI says delays NPA identification, loan reclassification, and provisioning.
January 17, 2023Authorities should adopt a positive CCyB rate in normal times. A report evaluating the impact and effectiveness of implemented Basel reforms has also been released.
October 7, 2022The guidelines will help to standardise banks' practices for valuing financial instruments and improve the comparability of reported financial indicators.
August 16, 2022IFRS 9 will prompt a one-off increase in banks' loan-loss provisioning, diminishing shareholder capital. Banks will also be pressured by increased taxes.
July 19, 2022