UAE Central Bank inspections – common IFRS 9 findings
As the UAE’s financial landscape matures into a global powerhouse, the Central Bank of the UAE (CBUAE) has intensified its […]
Saudi Arabia’s financial sector is undergoing rapid transformation in line with Vision 2030, with the Saudi Central Bank (SAMA) prioritizing…
The introduction of IFRS 9 – Financial Instruments has transformed how organizations in Saudi Arabia recognize, measure, and report financial…
The Saudi Central Bank (SAMA) has made it a rule that all banks and financial companies in Saudi Arabia must…
The implementation of International Financial Reporting Standard 9 (IFRS 9) has significantly transformed the landscape of retail lending in Saudi…
Expected Credit Loss (ECL) modeling has become a critical component of financial risk management for banks worldwide, including those in…
1. The Rising Regulatory Focus Over the last few years, both the State Bank of Pakistan (SBP) and GCC regulators…
IFRS 9 and IAS 39 are both accounting rules. These rules help companies keep track of money they lend, borrow…
Since the adoption of IFRS 9 across the Gulf Cooperation Council (GCC) countries, banks and financial institutions have transformed their…
IFRS 9, issued by the International Accounting Standards Board (IASB), has fundamentally transformed the way financial institutions measure and report…