EBA Publishes Final Guidelines on Accounting for Expected Credit Losses

May 12, 2017

The EBA has published its final guidelines on credit institutions’ credit risk management practices and accounting for expected credit losses. The guidelines are aimed at ensuring sound credit risk management practices associated with the implementation and on-going application of the accounting for expected credit losses.

The guidelines are part of the EBA’s work on the implementation of IFRS 9 and build on the global guidance published by the Basel Committee on credit risk and accounting for expected credit losses.

For further details, please see full press release here.

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