WG IFRS 9 #9/2017: Kick-off IFRS 9 Benchmarking study 2017

Dear WG members,

please find attached the material for tomorrow’s working group meeting (log-in details below).

TOMORROW WE HAVE OUR FINAL CALL TO DECIDE AND KICK-OFF THE IFRS 9 BENCHMARKING STUDY.

The call will guide in detail through the template and takes up all your last remarks in terms of template, timelines and process.

After the call, I will ask you to let me know whether you will be able to participate in the study and which parts you intend to fill in.

Note: based on the feedback of members , we have adjusted the “common scenario” in comparison with the latest proposal we have sent out. In the common scenario we will ask you to use your ACTUAL values for your macro-economic drivers as of YE 2012 to YE 2016. This proposal reduces for you both workload as well as the level of assumptions needed to be made when calculating the ECL.

We truly believe that – by means of this study – we have provided you now with an excellent tool to benchmark your ECL methodology for your major wholesale portfolios as well as the retail mortgage portfolio.

It is up to you to use this chance now. I am at your service to answer further questions and connect you to your peers.

Best regards

Daniela

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WG IFRS 9: Kick-off IFRS 9 Benchmarking study
Thursday, June 29, 2017
3:00 pm | Europe Summer Time (Berlin, GMT+02:00) | 1 hr
Meeting number (access code): 950 025 099
Host key: 945454
Meeting password: iceberg

Link to the meeting: 
https://pecdc.webex.com/pecdc/j.php?MTID=m3a16f4e7ff718981d486ff6546126c05

Global call-in numbers: 
+44-203-478-5289 Call-in toll number (UK)
+1 631 267 4890 USA/Canada toll

https://pecdc.webex.com/pecdc/globalcallin.php?serviceType=MC&ED=519843937&tollFree=0

Contact person:

Daniela Thakkar

Location:

Webex call