IFRS 9 in Asia-Pacific: The road to compliance – is there still time?

Since the beginning of the year, financial institutions, as a sector, have shifted focus to the different requirements for IFRS 9. In Asia-Pacific (APAC), however, unlike Europe’s well synchronized journey to IFRS 9 compliance, Asian countries are taking many different roads to compliance.

This white paper looks into how IFRS 9 is affecting departments across a range of financial institutions and how the challenges in implementation are being approached. It further discusses what steps are still required for firms to meet the 2018/2019 deadline for full IFRS 9 compliance.