At the beginning of 2017, banks have entered into the most critical phase of their IFRS 9 implementation projects. Recently, some projects came under intense time pressure due to the short period left until the new accounting standard becomes effective. In this article, we summarize the implementation status of ongoing IFRS 9 projects and shed light on how banks interpret and implement requirements in order to manage time constraints.
To access white papers, case studies and best practices. Please sign up to become a member of bobsguide. If you are already a member please log in.