The objective of these guidelines is to contribute to the high-quality audits of internationally active banks by communicating supervisory expectations for the audit of ECL estimates and providing questions that banks' audit committees may ask the external auditor.
BCBS
Report on the remaining challenges in transitioning from LIBOR, with recommendations to support transition.
Report recommends actions to facilitate financial and non-financial firms’ transition from LIBOR by end-2021.
Official and private sector participants discuss effectiveness of COVID-related financial policy measures.