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IFRS 9: Applicability period of exemption extended till Jan 1, 2026: SECP - Business & Finance

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has directed companies that the applicability.

Exchange commission of pakistanExchange commissionFinancial instrumentCompanies actInsurance contractsFinancial instrumentsExpected credit lossesFinancal instrumentsBusiness recorderIfrs 9Government of pakistan

European regulators turn up the heat on IFRS 9 model overlays

After warnings from EBA and BoE, risk managers urge ‘soul-searching’ on post-model adjustments

International financial reporting standardEuropean banking authorityBank of england boeBasel committee on banking supervision bcbsEuropean banking authority ebaPrudential regulation authority praCredit riskCredit risk modellingIfrs 9Oss given default lgdModel riskPoint in timeRobability of default pdHrough the cycleNternal ratings based irb approachRisk management

Rabobank cuts back on ECL overlays

Improved backtesting performance reduces add-ons to allowances to lowest in five years

Ifrs 9Nternational financial reporting standards ifrsCredit riskLoan loss reservesModel calibrationModel riskIsk quantum

LIC Q2 net profit rises 49% to Rs 9,444 crore

India Business News: NEW DELHI: State-owned insurer LIC on Thursday reported a 49 per cent jump in net profit at Rs 9,444 crore for the third quarter ended December 2023.

Business newsIfrs 9444 croreNet profit

Internet scratchcard: 35 MB Internet for Rs 9 : X user shares pic of Airtel scratchcard from 2010s, netizens get nostalgic

Some reminisced how they used to save videos, pictures and content, so as to access them when the data pack was exhausted.

Tom dick harryReliance jioAncient indiaTom dickThank ambaniInternet scratchcardData packsIfrs 9

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