How ready are Financial Institutions using Standard Approach for IFRS 9? |
Introduction
Online Business Technologies launched a joint survey with the Center for Financial Professionals in November 2016 to screen the IFRS 9 impairment approach of banks using Standard Approach, and identify widely used simplification strategies that are allowed by the Standard.
Our initial survey discovered just under 50% of Financial Institutions were still in very early stages of implementation. The second stage of this research aims to find out whether this has changed over the last 3-4 months - we appreciate your willingness to participate and value your feedback.
The following short survey should take no longer than 1 minute to complete. All respondents who provide their email address will receive a personal copy of the final report and findings, upon completion of the questionnaire. Respondents who supply all contact details will also be entered into a prize draw to win a choice of; one complimentary pass to the Banking Risk & Regulation Summit 2017, one pass to another upcoming Center for Financial Professionals conference, or one £100/$150 Amazon voucher.
All responses are anonymous and confidential, and the research report does not identify any individuals or organizations at any stage in the research or reporting of results.
All responses are anonymous and confidential, and the research report does not identify any individuals or organizations at any stage in the research or reporting of results.