Follow Us

Follow us on Twitter  Follow us on LinkedIn
 

21 March 2017

年金向けの情報サイトIPE: EBA(欧州銀行機構)、IFRS(国際財務報告基準)第9号(金融商品)の導入に関する欧州委員会の提案により、銀行が認識する引当金が減少すると指摘


Default: Change to:


The European Banking Association (EBA) has warned that proposals from the European Commission (EC) to transition banks to the new IFRS 9 accounting model could mean banks recognise lower loan-loss provisions or impairments than they do at present.


The effect of any such move, the EBA said, would be to unpick any improvements made under IFRS 9 relating to provisions that banks must hold to protect against losses on financial assets such as loans.

The EBA said the commission’s proposal “as it currently stands could be interpreted as allowing institutions to add back [expected credit losses] in stage 3 under IFRS 9”, which would “result in the neutralisation” of the provisioning currently in place under IAS 39.

The EBA added: “However, if an institution decided to apply the transitional arrangements, it would be able to add provisions back to [tier one provisions] and therefore have a positive impact due to IFRS 9.”

The EC published its transitional proposals for IFRS 9 under the auspices of its review of cash reserve ratios. The proposals are intended to lessen the impact of IFRS 9 on capital ratios.

The proposals give institutions – not regulatory authorities – the option to apply the transitional arrangements for a period of five years.

They would allow institutions to add back in to tier one any loan loss allowances classified under stage one or two by IFRS 9.

The International Accounting Standards Board (IASB) launched its bid to replace its existing financial instruments accounting standard, IAS 39, in 2009.

Critics of IAS 39 have argued that its incurred-loss impairment model has caused banks to recognise losses too late.

Full news



© IPE International Publishers Ltd.


< Next Previous >
Key
 Hover over the blue highlighted text to view the acronym meaning
Hover over these icons for more information



Add new comment