EBA launches an impact assessment of IFRS 9 on banks
28 Jan, 2016
The European Banking Authority (EBA) is launching an impact assessment of IFRS 9 'Financial Instruments' on a sample of approximately 50 institutions across the European Union.
The assessment is aimed at estimating the impact of IFRS 9 on regulatory own funds. In addition, it will support the EBA in assessing the interaction between IFRS 9 and other prudential requirements.
Please click for more information in the press release on the EBA website.