Summary IFRS 9 Benchmarking Study 2017 (Large Corporates)

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US Banks preparing for CECL implementation can learn from banks that have already implemented IFRS 9. Similarly, IFRS 9 institutions implementing the rule this year should know that credit loss estimates of banks can vary significantly. Regulators and auditors will eventually focus on those differences and push for greater consistency.

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Nina Brumma

Methodology & Membership Executive