Global Credit Data releases extensive analytics on loss given default, including the first complete account of losses from the 2008 financial crisis
Global Credit data has just released a new report – the IFRS 9 Report – which demonstrates that banks’ expected credit loss estimates may vary by at least factor 4. Results from the study suggest that the IFRS 9 framework is yet to stabilise, given a significant degree of variability.
Many industries are financially regulated and governed to facilitate trade, prevent risks and standardise rules. The UCP 600 (“Uniform Customs & Practice for Documentary Credits”) is the official publication which… read more →
