WG IFRS 9 #10/2017: Preparation BCBS TFP meeting

Dear all,

I would like to invite to our next WG meeting on THURSDAY, OCTOBER 5th at 1500 CEST.

The purpose of the meeting is to present and get your input on the slide deck which we will presented at a meeting of the BCBS Task Force Provisioning on October 10th, 2017.

The BCBS TFP is currently working on policy options for the longer-term regulatory treatment of provisions under the Basel framework and is especially interested in “the variety of methodologies and calibration issues” being considered by banks.

The BCBS TFP has heard about our working group through a webinar which we recently gave to US Banks starting up with their CECL implementation. They also got to know about our planned IFRS 9 benchmarking study. Note, GCD is not a lobbying organization (and we are not asked to lobby nor share data) but to present and educate the Task Force on the variety of methodologies which are out there when it comes to IFRS 9 impairment modelling. The results of our 2016 survey plus some high-level analytics will be part of that slide deck. We had asked the survey participants to use the survey results earlier and we have not received any negative answers to that.

Hope to speak to you in the meeting.

Best regards

Daniela

P.S. Reminder: The deadline of our IFRS 9 Benchmarking study is approaching (October 15th). I will send out individual emails to the participants to explain how to upload the data template.

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WG IFRS 9
Thursday, October 5, 2017
3:00 pm | Europe Summer Time (Amsterdam, GMT+02:00) | 1 hr
Meeting number (access code): 952 143 487
Meeting password: iceberg

Link to the meeting: 
https://pecdc.webex.com/pecdc/j.php?MTID=mb549254a838ef638679c0292ec143948

Join by phone
+1 631 267 4890 USA/Canada toll
+31 20794 7996 Netherlands toll

Global Call-in numbers: 
https://pecdc.webex.com/pecdc/globalcallin.php?serviceType=MC&ED=536518912&tollFree=0

Contact person:

Daniela Thakkar

Location:

Webex call