General Meeting of Members December 2016

The business discussed at the meeting included: 1. Approval of the Minutes of the General Meeting of members held on 20 and 21 June 2016 2. Brief interim report of activities 3. Brief interim financial report, including 2016 forecast vs budget 4. Election of a new Chairperson of the Board 5. Election of Board Members Please find attached the resolution pack and the draft minutes of this meeting.  Contact person:Philip Winckle Location:Webex call

North American Conference Toronto December 2016

GCD's first Canadian Conference in Toronto was a great success with over 80 attendees from Canada, US and Europe. Given the current focus of banks, it was no surprise that the wish of the members was to focus on IFRS 9 / CECL and how GCD data can be used for that. Thanks to our host Bank of Nova Scotia, all the attendees and presenters for participating! Contact person:Hale Tatar Location:Toronto, Canada Aganda:https://www.globalcreditdata.org/wp-content/uploads/2017/03/agenda_gcd_2016_toronto-finalv1.pdf

Methcom meeting #1/2017

Methcom meeting #1/2017 Contact person:Riette Dijkstra Location:Webex call

WG IFRS 9 #1/2017: Extracting adequate PD term structures from GCD migration data

Dr. Markus Seiffert, Philipp Gerold and Anne Kleppe from d-fine zoom into the challenges of extracting PD term structures from rating migration data. Some background: The datapool members gave d-fine access to the rating migration data GCD is pooling. The presentation summarizes the results and the methodology. Additional analytics and a whitepaper / article will follow in the upcoming weeks.   Contact person:Daniela Thakkar Location:Webex call

WG IFRS 9 #2/2017: Applying forward-looking scenarios to historical data

This WG meeting was set up to allow an open discussion on how to deal with calculating a historical “forward-looking, point-in-time PD”. The material serves as basis and is intended to initiate the knowledge exchange between the organizations on that topic.   Contact person:Daniela Thakkar Location:Webex call