تجاوز إلى المحتوى الرئيسي
قسم كامل طباعة مخصصة نص فقط النص الغني الطباعة

Article (2) Scope of Application

C 4/2020 يسري تنفيذه من تاريخ 22/4/2020
  1. 6.This Regulation applies to all Banks, including branches of foreign banks, and Finance Companies operating in the UAE.
  2. 7.The ‘prudential filter’ only applies to IFRS 9 provisions and not to the CBUAE provisioning requirements contained in “Regulations for Classification of Loans and Determining their Provisions” (Circular 28/2010).
  3. 8.ECL provisions subject to phase-in arrangement are IFRS 9 provisions in Stages 1 and 2 only.
  4. 9.This Regulation amends the earlier provisions in relation to transitional arrangements contained in the CBUAE’s "Guidance Note to Banks and Finance Companies on the Implementation of IFRS 9 (Financial Instruments) in the UAE", issued in March 2018.