IFRS 9 - Differences and Similarities Across European Countries

Join us for an engaging panel discussion where experts from leading European banks delve into the practical challenges of reporting ECL under IFRS 9. Gain valuable insights as panelists compare experiences across key markets including the UK, Nordics, Germany, and the Netherlands.

Join Pieter de Boer, Head of ALM & Markets Modelling at ABN AMRO, Jakob Lavröd – Senior Quantitative Credit Risk Analyst at Handelsbanken, Dimitar Kiryazov – Head of Provisions & Forecasting, Retail at Santander UK, Tobia Fasciati, Senior Quantitative Analyst at UBS, and Martijn de Groot, Partner at Zanders as they dive into:

• Out-of-Model adjustments: Applying needed adjustments to unreliable outcomes, and adjusting for uncertainties in the future
• Covid-19 and data quality: Increasing model performance after Covid-19 led to changing relations between data and outcomes
• Significant Increase of Credit Risk: Understanding how banks can better understand those loans that experience a significant increase in credit risk
• Linking IFRS 9 with Stress Testing Models: Expanding the current model usage into additional different purposes, such as stress testing

Addressing these challenges requires a coordinated effort across various departments within the organization, as well as collaboration with external stakeholders such as auditors, regulators, and industry peers.