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Presentation on IFRS 9 in ADEBA

Management Solutions gave a presentation in ADEBA (Association of Banks of Argentina) on the principles of IFRS 9, their impact on the estimate of provisions under the expected loss approach, and their adaptation in Argentina

Management Solutions’ presentation on IFRS9 was based on recent regulations issued by the Central Bank of Argentina, drawing on international experience in the field and projects in which the Firm is involved in Europe and Latin America.

The standard’s requirements and challenges were shared with Risk and Finance heads from local financial institutions. The presentation also provided the opportunity to examine the process of compliance with the standard that major international institutions have been working on and the possibility to leverage the progress already made in Argentina in integrated risk management, to adapt to the guidelines of the IFRS 9 approach.