Skip navigation
Full metadata record
DC FieldValue
dc.contributor.authorBorio, Claudio E.V.
dc.coverage.spatialEspaña
dc.date.accessioned2020-04-02T08:06:53Z
dc.date.available2020-04-02T08:06:53Z
dc.date.issued2019-05
dc.identifier.urihttps://repositorio.bde.es/handle/123456789/11207
dc.descriptionArtículo de revista
dc.description.abstractThe adoption of the new expected credit loss provisioning standard – IFRS 9 – is a landmark. What are its implications for financial stability? While the new standard is likely to mitigate the procyclicality of the financial system to some extent relative to the previous, incurred loss model, it falls short by a significant margin of what one would like from a financial stability perspective. This points to broader inevitable tensions between accounting and prudential regulation, and calls for the active use of backstops (or socalled prudential filters) to preserve stability. Experience with the operation of the alternative dynamic (countercyclical) credit loss provisioning scheme adopted by the Banco de España points to some strengths and weaknesses in the broader macroprudential frameworks in which such arrangements are embedded.
dc.format.extent8 p.
dc.language.isoeng
dc.relation.ispartofRevista de estabilidad financiera. Nº 36 (primavera 2019), p. 117-124
dc.relation.hasversionVersión en inglés 123456789/11216
dc.rightsReconocimiento-NoComercial-CompartirIgual 4.0 Internacional (CC BY-NC-SA 4.0)
dc.rightsIn Copyright - Non Commercial Use Permitted
dc.rights.urihttps://creativecommons.org/licenses/by-nc-sa/4.0/deed.es_ES
dc.rights.urihttp://rightsstatements.org/vocab/InC-NC/1.0/
dc.titleNew loan provisioning standards and procyclicality
dc.typeArtículo
dc.identifier.bdebib000465595
dc.identifier.bdepubREFI-2019-36-117
dc.subject.bdeRiesgos y liquidez
dc.subject.bdeRegulación y supervisión de instituciones financieras
dc.publisher.bdeMadrid : Banco de España, 2019
Appears in Collections:


loading