We all continue to feel the real impact of the pandemic and what it really means for the financial sector. We also await the details of what the post implementation feedback will be on different International Accounting Standards Board (IASB) standards.

IFRS 9 Financial Instruments arguably proved itself to be an answer for better reflecting expected credit losses than it did for the crisis in 2008/2009. But, it’s fair to say, opinion has been divided.