All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group
People and MarketsRegulation

Basel and banks not yet ready for IFRS 9

Basel 230x150

The Basel Committee said on Wednesday that it had not figured out how the regulatory capital regime could deal with the IFRS 9 accounting rules set to come in next year and backed a transitional period, as few banks are ready for the ‘capital shock’ that could result.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree