The New Impairment Model provides comprehensive and insightful coverage of the new requirements, their implementation, and business and strategic implications. Editor Jing Zhang gathered contributors from regulatory bodies, banks, consulting firms, and analytics providers, all with deep experience and expertise in their respective spheres. Their perspectives are wide-ranging and complementary.
“As we highlight in the book, organizations can and should use the impetus and opportunity of ECL to strengthen and improve their data, IT and systems infrastructure, modeling and risk-management practices, and governance and control for applications beyond accounting and regulatory compliance,” said Mr. Zhang. “However, they should also be cognizant regarding potential negative and unintended consequences. We hope that this book will help initiate much-needed discussion and debate on these topics, which will be constructive to the industry as a whole.”
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About Moody’s Analytics
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Moody's Analytics is a subsidiary of Moody's Corporation (NYSE: MCO). MCO reported revenue of $4.2 billion in 2017, employs approximately 11,900 people worldwide and maintains a presence in 41 countries. Further information about Moody’s Analytics is available at www.moodysanalytics.com.