Financial Instruments under IFRS and Supervisory Practices

18/09/2017 to 19/09/2017

The CFRR team will deliver the workshop designed for staff of the National Bank of the Republic of Belarus (NBRB) responsible for supervising banks, and for those in charge of drafting accounting and prudential regulations.

The workshop will combine:

(i) training on IFRS 9: the new standard for financial instruments to be applied from January 2018;

(ii) a review of similarities and differences between the equity calculated under IFRS and the calculation of prudential capital;

(iii) avenues for better cooperation between regulators and auditors, to contribute to better supervision of the banking sector.

The workshop will include interactive discussions on examples and challenges for IFRS implementation in the banking sector, as well as case studies on IFRS 9 application. Speakers and panellists will include World Bank senior staff, leading experts in the setting of accounting standards, and representatives of commercial banks and audit firms.

Date: 18-19 September 2017


20, Nezavisimosty Ave
220008 Minsk