"Portfolio Hedge Accounting - The Perennial Favorite" 2019 | Celent | 29 May 2019 | TBA, Germany
Venue
TBA
TBA, Germany
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| Event Date |
Wed May 29 CEST (over 5 years ago)
In your timezone (EST): Wed May 29 5:00am - Wed May 29 6:00am |
| Location |
TBA
Germany |
Details
We are happy to offer you the webinar. Although the IASB updated hedge accounting regulations in the new IFRS 9 with the publication of the regulations on general hedge accounting, the Board still owes the user a revision of the portfolio hedge approach. As a result, the regulations of IAS 39 regarding portfolio hedge accounting remain even more applicable.
Especially as a result of its structured and highly automatable approach and its proximity to economic management, the portfolio of fair value hedge accounting remains the first choice of banks for the presentation of control measures with interest rate derivatives for fixed interest products.
Adjustments in the interest rate management strategy, triggered among other things by the current low-interest phase or strategic realignment of banks, are concrete examples of why banks are still opting for the portfolio hedge approach in order to control undesired volatility in the IFRS income statement.