Significant Increase in Credit Risk under IFRS 9 Framework

The thesis provides an overview of the IFRS 9 standard, which came into force in 2018, with a particular focus on the impairment models related to the stage classification of assets. After a general introduction highlighting the differences with IAS 39, possible implementations of a significant increase in credit risk (SICR) models are presented. They involve defining a threshold above which loans are transferred from stage 1 to stage 2. Following the analysis of the results of the proposed models, there is a comparison with alternative methods and a discussion of the advantages and disadvantages of these. ​