Banking research

6 research papers

IFRS 17: The next stage in risk-aware accounting

International Financial Reporting Standard (IFRS) 17 is the first comprehensive global accounting standard for insurance and reinsurance contracts. For insurers and reinsurers it will mean a costly overhaul of their accounting practices and systems, with the exact cost depending on their size,…

CECL Technology Solutions 2018

In May 2017 Chartis published its Spotlight on the CECL Reporting Standard, which: Summarized the main impacts of the new Current Expected Credit Loss (CECL1) standard for Financial Institutions (FIs). Considered its implications for FIs’ technology systems. Suggested some approaches FIs can take…