Le banche possono usare le riserve per regolare le passività derivanti dal commercio di opzioni regolate in contanti?

What is IFRS 9 in simple terms?

IFRS 9 specifies how an entity should classify and measure financial assets, financial liabilities, and some contracts to buy or sell non-financial items.

What is IFRS 9 in banking?

IFRS 9 – Aligns the measurement of financial assets with the bank’s business model, contractual cash flow characteristics of instruments, and future economic scenarios. Banks may have to take a “forward-looking provision” for the portion of the loan that is likely to default, as soon as it is originated.

What is the difference between IFRS 9 and CECL?

Stated differently, CECL follows a single credit-loss measurement approach, whereas IFRS 9 follows a dual credit-loss measurement approach in which expected credit losses are measured in stages to reflect deterioration over a period of time.

What are financial assets under IFRS 9?

Under IFRS 9, a financial asset is initially measured at fair value plus transaction costs, unless it is carried at fair value through profit or loss, in which case transaction costs are immediately expensed.

How is IFRS 9 calculated?

ECL formula – The basic ECL formula for any asset is ECL = EAD x PD x LGD. This has to be further refined based on the specific requirements of each company, the approach taken for each asset, factors of sensitivity and discounting factors based on the estimated life of assets as required.

What is IND 109?

IND AS 109 Financial Instruments deals with classification, recognition, de-recognition and measurement requirements for all the financial assets and liabilities.

What is Indas 32?

Ind AS 32 Financial Instruments: Presentation deals with the presentation and classification of financial instruments as financial liabilities or equity and sets out the requirements regarding offset of financial assets and financial liabilities in the balance sheet.

What is IndAS 115?

Ind AS 115 requires revenue to be recognised when an entity transfers the control of goods or services to a customer at an amount to which the entity expects to be entitled following a five-step model.