Dynamic Risk Management - IASB
Date recorded:
At its meeting on February 22, 2018, the Board discussed the role of the asset profile within the dynamic risk management model. In particular, the Board discussed the application of qualifying criteria to the asset profile, as well as designation of items within the asset profile and documentation requirements. The Board decided the staff should continue developing the model as follows:
- to set qualifying criteria for items within the asset profile;
- to allow for designation on a portfolio basis;
- to allow for designation of a percentage of a portfolio, provided conditions are met;
- to preclude voluntary de-designation;
- to require de-designation when certain events take place; and
- to require formal documentation.
At a future meeting, the Board will discuss the target profile as described in the model.
Review the IASB Update and podcast on the Board's Web site.
