WG #1 / 2019-2020: Kickoff IFRS 9 activities 2019/2020

Pre-discussions with banks revealed a further interest of banks to exchange on IFRS 9, typically on post-implementation challenges (e.g. backtesting, managing of qualitative overrides, managing the volatility of IFRS 9). 

Banks have implemented robust IFRS 9 models with a variety of methodologies, depending on their modelling capacity, data availability and business strategy.  However, benchmarking data on IFRS 9 is scare. 

GCD invites all member who are interested in a new work stream on IFRS 9 Benchmarking to join the kick-off call on December 5th, 2019 at 2pm CET and 8am EST. 

The IFRS 9 work could consist of 

• specific knowledge exchange sessions between banks on post-implementation challenges and / or  
• a new, revised IFRS 9 Benchmarking template and data collection
• smaller regional actions 
• …

Members will decide. 

Please click on the attached agenda item to note the meeting in your agenda or contact Daniela Thakkar for any further questions.