IACPM/McKinsey surveyed 51 financial institutions around the globe on strategic and business implications of the new accounting standards.
In 2017, the IACPM continued to focus its efforts on several very important regulatory and accounting issues by holding meetings with regulatory and supervisory agencies around the world and conducting focused research. Please click here to read more and to preview upcoming events and initiatives that should be of interest to you and your firm.
Credit portfolio managers responding to the latest IACPM Credit Outlook Survey believe credit spreads will widen over the next three months and defaults will increase over the next 12 months. The new survey released today shows overall negative scores of minus -18.8 for credit spreads and minus -36.3 for defaults.
The IACPM 2017 Annual Fall Conference will be taking place at The Westin Philadelphia in Philadelphia, PA. on Tuesday and Wednesday, November 7-8, 2017
At the recent IACPM Annual Spring Conference in Berlin, Adrian Docherty, head of Bank Advisory at BNP Paribas, presented a talk entitled, “The Capital Odyssey: Contemporary Perspectives on Bank Risk and Capital Management”. Using Homer’s Odyssey as a metaphor, Mr. Docherty makes the case that it has never been more crucial for risk and credit …
Latest IACPM Credit Outlook Survey Forecasts Rising Global Defaults As Outlook Modestly Dims For North America; Credit Spreads Expected To Widen In North America, Remain Unchanged In Europe
The IACPM has published a White Paper on the findings of its 2017 biennial Principles and Practices in CPM member survey.
The IIF included findings from the joint IACPM/ Oliver Wyman study on Financial Resource Management in its response letter to the FSB Consultation Document. IIF Response Letter to the FSB Financial Resource Management – Joint IACPM/ Oliver Wyman Study
Survey respondents in the latest IACPM Credit Outlook Survey forecast rising defaults over the next 12 months and wider credit spreads over the next three months. The IACPM Credit Default Outlook Index is negative -31.3 in the latest reading, while the IACPM Credit Spread Outlook Index is minus -21.8. Both results imply deteriorating credit conditions.
In the post-crisis environment, managing financial resources and balancing the complex and competing constraints on capital, liquidity and funding has become exponentially more difficult for banks. While many banks have recognized the new challenges, progress on developing sustainable and holistic Financial Resource Management (FRM) practices has been limited. The IACPM/Oliver Wyman survey confirmed that there …