The Saudi Central Bank (SAMA) has set clear and robust expectations for model governance under IFRS 9, reflecting the increasing…
In the evolving landscape of Saudi Arabia’s financial sector, the transition to IFRS 9 Financial Instruments has shifted the paradigm…
The implementation of IFRS 9 Financial Instruments brought significant changes to how financial institutions in Saudi Arabia account for expected…
The adoption of IFRS 9 Financial Instruments marked a significant shift for the Saudi Arabian financial sector, moving from an…
Since January 1, 2018, the Saudi Central Bank (SAMA) has mandated the adoption of IFRS 9 for all licensed banks…
The financial landscape for banks globally, and particularly in emerging markets like Kenya, has been significantly reshaped by the introduction…
For decades, the “unbanked” population in Kenya faced a Catch-22: they couldn’t get credit because they had no credit history…
Expected Credit Loss (ECL) represents a fundamental shift in how financial institutions recognize and manage credit risk. Unlike traditional accounting…
Under IFRS 9, Expected Credit Loss (ECL) modeling is no longer just a compliance checkbox it is a critical tool…
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