Regulation, Risk & Compliance
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Impact of new reporting standards on Gulf banks has been 'manageable', says S&P
The impact of GCC banks adopting International Financial Reporting Standards 9 has been “manageable” in the year since they were implemented, according to a new report from S&P Global Ratings. Under IFRS 9, banks disclose the breakdown of their portfolio by different stages defined in the standards. All S&P’s rated…
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Click here to read the full story: Arabian Business