The broader business implications of IFRS 9

Implementation is settling down..

However, the challenges remain broad, and largely underestimated. IFRS 9 brought both quantitative and qualitative impact on organisations, particularly so with credit extension enterprises. Beyond the quantifiable P&L and capital reserve implications, the Expected Credit Loss (ECL) regime that IFRS introduced has far reaching implications on business strategy, product constructs, regulatory compliance and credit origination, to say the least.