The dynamic landscape of regulation and risk management presents ongoing challenges for banks and building societies. A key area of focus within this landscape is the IFRS 9 Expected Credit Loss (ECL) framework.
On 27 September 2024, the PRA published a Dear CFO letter, providing thematic feedback on the ECL framework under IFRS 9 and accounting for climate risks. Our insights paper delves into the thematic findings related to IFRS 9 to provide a focused perspective on what these findings mean for you.
Download and read the full paper, or find out more about our Insurance, Regulatory & Risk team and get in touch here.
