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mardi 17 mai 2016
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CSSF: Implementation of IFRS 9

The new international financial reporting standard IFRS 9 Financial Instruments has been published by the International Accounting Standards Board (IASB) in July 2014 and is currently in the process of being endorsed at the level of the European Commission. IFRS 9 will be applicable from 1 January 2018 for all credit institutions under Luxembourg law and all branches of EU and non-EU credit institutions in their prudential reporting FINREP and for the banks publishing their accounts under IFRS.   In this context, the CSSF would like to draw the attention to the European Banking Authority’s (EBA) public consultation on the changes to FINREP templates due to the introduction of IFRS 9 which can be accessed by the following link: Cette page n'est accessible qu'aux abonnés payants.
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