RiskTech Forum

IFRS9 – Special Market Report

Posted: 1 November 2016  |  Source: Chartis

International Financial Reporting Standard 9 (IFRS 9) is a high-impact symbolic, operational, IT and organisational transformation event for finance and risk: an arranged marriage that is turning an uncomfortable courtship and good intentions into a powerful successful partnership that is greater than the sum of its parts. It is one of a few interlinked, unavoidable initiatives in finance, regulation, compliance and risk management that are catalysts to invest in sustainable best practice.

IFRS 9 has foundations in common with a number of other key regulatory trends. Therefore, the foundations for an easier implementation of IFRS 9 can be achieved if an organisation has performed well, for example, in implementing:

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