Regulatory Alerts2026-03-08
Guidance for Banks Implementing IFRS 9 Financial Instruments
Bangladesh Bank issues mandatory implementation guidance requiring all scheduled banks to adopt the forward-looking Expected Credit Loss (ECL) framework under IFRS 9 Financial Instruments. The directive mandates the establishment of robust governance structures, comprehensive ECL measurement models, and independent validation processes to replace the existing rule-based provisioning system. Scheduled banks must fully implement the ECL framework for funded and non-funded credit facilities by January 2028 and for all other financial instruments by January 2029.
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