Financial stability consequences of the expected credit loss model in IFRS 9

Artículo de revista

Detalles Bibliográficos
Autor: Sánchez Serrano, Antonio
Tipo de recurso: artículo
Fecha de publicación:2018
País:España
Institución:Banco de España
Repositorio:Repositorio Institucional del Banco de España
OAI Identifier:oai:repositorio.bde.es:123456789/11252
Acceso en línea:https://repositorio.bde.es/handle/123456789/11252
Access Level:acceso abierto
Palabra clave:Normativa contable
Contabilidad financiera
Regulación y supervisión de instituciones financieras
Riesgos y liquidez
id ES_add842a91c06e8b8bcfb89bba60f3a6d
oai_identifier_str oai:repositorio.bde.es:123456789/11252
network_acronym_str ES
network_name_str España
repository_id_str
spelling Financial stability consequences of the expected credit loss model in IFRS 9Sánchez Serrano, AntonioNormativa contableContabilidad financieraRegulación y supervisión de instituciones financierasRiesgos y liquidezArtículo de revistaFollowing the G20 mandate, there has been a move from incurred loss approaches for the recognition of credit losses to expected credit loss approaches. Since 1 January 2018, European banks follow the approach defined by IFRS 9, according to which, exposures are allocated to three stages depending on their relative credit risk. These stages require different time horizons for the computation of expected credit losses and different basis for interest accrual. Overall, the timelier and fuller recognition of credit losses is expected to bring substantial benefits to financial stability. However, IFRS 9 is not going to be applied with perfect foresight. On the contrary, expected credit loss models would be able to anticipate downturns only shortly before their occurrence. At the onset, a system-wide sizable increase in provisions associated with expected credit losses can be expected, which may have undesired procyclical effects via banks’ profits and regulatory capital. The paradigm shift in accounting for credit losses may call for a policy reflection on: i) the importance of supervisory stress tests; ii) a call for simplicity in models; iii) the need for better and harmonised disclosures; iv) the expectations on the use of cyclical capital buffers, and v) the interaction with the current regulatory framework.Madrid : Banco de España, 20182018info:eu-repo/semantics/articleapplication/pdfhttps://repositorio.bde.es/handle/123456789/11252reponame:Repositorio Institucional del Banco de Españainstname:Banco de EspañaInglésRevista de Estabilidad Financiera / Banco de España, 34 (mayo 2018), p. 81-99Versión en inglés 123456789/11273info:eu-repo/semantics/openAccessoai:repositorio.bde.es:123456789/112522026-06-20T12:44:27Z
dc.title.none.fl_str_mv Financial stability consequences of the expected credit loss model in IFRS 9
title Financial stability consequences of the expected credit loss model in IFRS 9
spellingShingle Financial stability consequences of the expected credit loss model in IFRS 9
Sánchez Serrano, Antonio
Normativa contable
Contabilidad financiera
Regulación y supervisión de instituciones financieras
Riesgos y liquidez
title_short Financial stability consequences of the expected credit loss model in IFRS 9
title_full Financial stability consequences of the expected credit loss model in IFRS 9
title_fullStr Financial stability consequences of the expected credit loss model in IFRS 9
title_full_unstemmed Financial stability consequences of the expected credit loss model in IFRS 9
title_sort Financial stability consequences of the expected credit loss model in IFRS 9
dc.creator.none.fl_str_mv Sánchez Serrano, Antonio
author Sánchez Serrano, Antonio
author_facet Sánchez Serrano, Antonio
author_role author
dc.subject.none.fl_str_mv Normativa contable
Contabilidad financiera
Regulación y supervisión de instituciones financieras
Riesgos y liquidez
topic Normativa contable
Contabilidad financiera
Regulación y supervisión de instituciones financieras
Riesgos y liquidez
description Artículo de revista
publishDate 2018
dc.date.none.fl_str_mv 2018
dc.type.none.fl_str_mv info:eu-repo/semantics/article
format article
dc.identifier.none.fl_str_mv https://repositorio.bde.es/handle/123456789/11252
url https://repositorio.bde.es/handle/123456789/11252
dc.language.none.fl_str_mv Inglés
language_invalid_str_mv Inglés
dc.relation.none.fl_str_mv Revista de Estabilidad Financiera / Banco de España, 34 (mayo 2018), p. 81-99
Versión en inglés 123456789/11273
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Madrid : Banco de España, 2018
publisher.none.fl_str_mv Madrid : Banco de España, 2018
dc.source.none.fl_str_mv reponame:Repositorio Institucional del Banco de España
instname:Banco de España
instname_str Banco de España
reponame_str Repositorio Institucional del Banco de España
collection Repositorio Institucional del Banco de España
repository.name.fl_str_mv
repository.mail.fl_str_mv
_version_ 1869416492995444736
score 15.300724

Similares en LA Referencia