Question 1

What does the IFRS 9 ECL Modelling Workshop in Singapore cover?

Accepted Answer

Shasat's IFRS 9 ECL Modelling Workshop in Singapore covers the complete ECL modelling lifecycle including the three-stage ECL model Stage 1 Stage 2 Stage 3, SICR assessment aligned with MAS BNM OJK BSP and BOT regulatory guidance, PD LGD EAD modelling for Southeast Asian portfolios, local standard variants MFRS 9 PSAK 71 TFRS 9 and PFRS 9, ECL for Islamic banking instruments relevant for Malaysia Indonesia and Brunei, macro-economic scenarios for ASEAN economies, MAS Notice 612 compliance, NPL management implications, Basel III and Basel IV interaction, climate risk ECL integration, IASB post-implementation review PIR findings, and IFRS 7 disclosure requirements. CPD and CPE accredited by ISCA MIA ACCA CIMA and CFA Institute.

Question 2

Is this course relevant for MFRS 9 reporters in Malaysia?

Accepted Answer

Yes. Malaysian Financial Reporting Standard MFRS 9 issued by MASB is word-for-word identical to IFRS 9 in all ECL requirements. All Bursa Malaysia listed companies and BNM Bank Negara Malaysia regulated financial institutions must comply with MFRS 9 ECL requirements. This course covers MFRS 9 ECL application including BNM supervisory expectations for ECL model governance, Bursa Malaysia ECL disclosure requirements, Malaysian real estate and property developer ECL challenges, and Malaysian SME and retail lending ECL modelling. Finance professionals from Kuala Lumpur, Penang, Johor Bahru, and Kota Kinabalu regularly attend this MFRS 9 ECL course in Singapore. CPD accredited by MIA the Malaysian Institute of Accountants.

Question 3

Is this course relevant for PSAK 71 reporters in Indonesia?

Accepted Answer

Yes. PSAK 71 Pernyataan Standar Akuntansi Keuangan 71 is Indonesia's adoption of IFRS 9 issued by IAI Indonesian Institute of Accountants. All IDX Indonesia Stock Exchange listed companies and OJK Otoritas Jasa Keuangan regulated financial institutions must comply with PSAK 71 ECL requirements. This course covers PSAK 71 ECL application including OJK supervisory expectations for ECL model governance, Indonesian real estate and property sector ECL challenges, rural bank BPR and microfinance ECL modelling challenges, and the specific data limitations faced by Indonesian banks. Finance professionals from Jakarta, Surabaya, Bandung, and Medan regularly attend this PSAK 71 ECL course in Singapore.

Question 4

Is this course relevant for TFRS 9 reporters in Thailand and PFRS 9 reporters in the Philippines?

Accepted Answer

Yes. Thai Financial Reporting Standard TFRS 9 issued by FAP Thailand is converged with IFRS 9. All SET listed companies and BOT Bank of Thailand regulated institutions apply TFRS 9 ECL requirements. Philippine Financial Reporting Standard PFRS 9 issued by FRSC Philippines is also converged with IFRS 9. All PSE listed companies and BSP Bangko Sentral ng Pilipinas regulated institutions must comply with PFRS 9 ECL requirements. This course covers both TFRS 9 and PFRS 9 ECL application with BOT and BSP regulatory expectations specifically addressed. Finance professionals from Bangkok, Chiang Mai, Manila, Cebu, and Davao regularly attend this ECL course in Singapore.

Question 5

What are the MAS regulatory expectations for IFRS 9 ECL models in Singapore?

Accepted Answer

The Monetary Authority of Singapore MAS has issued comprehensive guidance on IFRS 9 ECL model requirements through MAS Notice 612 on credit risk disclosures and supervisory communications on ECL model governance. MAS expects authorised institutions to maintain robust ECL frameworks including documented SICR policies, rigorous PD LGD EAD model development and validation, independent model validation, conservative management overlay governance, and transparent HKFRS 7 aligned disclosures. MAS also expects integration of Singapore-specific macro-economic indicators including property prices trade volumes employment and GDP in forward-looking ECL scenarios. This course covers all MAS ECL regulatory expectations making it the most regulatory-aligned IFRS 9 ECL training available in Singapore.

Question 6

Does this course cover ECL for Islamic banking instruments relevant for Malaysia Indonesia and Brunei?

Accepted Answer

Yes. Malaysia, Indonesia, and Brunei have significant Islamic banking sectors whose IFRS 9 MFRS 9 PSAK 71 ECL application creates specific challenges. This course covers ECL for Murabaha cost-plus financing, Ijara leasing, Musharakah partnership financing, Mudharabah profit-sharing, and Sukuk Islamic bonds. Key topics include SPPI test application for Islamic finance instruments, SICR assessment for profit-rate-linked Islamic facilities, LGD estimation for Sharia-compliant collateral structures, and the interaction between IFRS 9 ECL and AAOIFI standards applicable to some Malaysian and Indonesian institutions. This is the only IFRS 9 ECL training in Singapore that comprehensively addresses Islamic finance ECL challenges.

Question 7

Does this course cover ECL for SME and microfinance lending in Southeast Asia?

Accepted Answer

Yes. SME lending and microfinance are critically important credit portfolio segments across Southeast Asia. This course covers ECL modelling for SME portfolios in Singapore Malaysia Indonesia Thailand and Philippines including limited credit history data challenges, proxy PD approaches for SME segments, government guarantee scheme interaction with LGD estimation, and SICR assessment for SME portfolios using non-financial indicators. For microfinance portfolios it covers simplified ECL approaches, group lending and solidarity group PD estimation, and digital lending ECL challenges for fintech and mobile money lenders across Southeast Asia.

Question 8

Does this course address macro-economic scenario design for ASEAN economies?

Accepted Answer

Yes. This course covers macro-economic scenario design specifically for ASEAN economies including key indicators for Singapore trade openness and property prices, Malaysia commodity export dependency and ringgit exchange rate, Indonesia commodity prices and rupiah depreciation risk, Thailand export sector and tourism revenue, Philippines remittance flows and peso exchange rate, and Vietnam export manufacturing growth. The course also covers ASEAN-wide regional risk factors including US China trade tensions impact on export-dependent ASEAN economies, regional supply chain disruption scenarios, and commodity price cycles affecting Malaysia Indonesia and Vietnam. This is the only IFRS 9 ECL course in Singapore that covers macro-economic scenario design specifically for all five major ASEAN economies.

Question 9

Does this course cover climate risk ECL integration for Southeast Asian banks?

Accepted Answer

Yes. Southeast Asian banks face significant physical climate risks including flooding in Thailand Vietnam and Indonesia, typhoon impacts in the Philippines, drought in agricultural lending portfolios, and sea level rise in coastal property portfolios. This course covers integration of physical climate risks into PD and LGD assumptions for Southeast Asian agricultural and property portfolios, MAS green finance taxonomy and climate risk expectations for Singapore banks, BNM Climate Change and Principle-based Taxonomy CCPT for Malaysian banks, and ASEAN Taxonomy for Sustainable Finance alignment with IFRS 9 ECL scenario design.

Question 10

Why is Singapore the ideal location for IFRS 9 ECL training for Southeast Asian professionals?

Accepted Answer

Singapore is Southeast Asia's foremost international financial centre and the most accessible IFRS 9 ECL training location for the entire ASEAN region. Daily direct flights connect Singapore to Kuala Lumpur, Jakarta, Bangkok, Manila, Ho Chi Minh City, Yangon, Phnom Penh, Colombo, Mumbai, Dhaka, and all major Southeast Asian and South Asian financial centres. Singapore hosts the regional headquarters of all major international banks, Big Four accounting firms, and financial services groups applying IFRS 9 across ASEAN. MAS Singapore is also the most proactive ASEAN banking regulator on IFRS 9 ECL model governance making Singapore the most strategically relevant training location for ASEAN banking sector finance and risk professionals.

Question 11

Which professional bodies across Southeast Asia recognise CPD accreditation from this Singapore course?

Accepted Answer

Shasat's IFRS 9 ECL Modelling Workshop in Singapore is CPD and CPE accredited and recognised by ISCA the Institute of Singapore Chartered Accountants, MIA the Malaysian Institute of Accountants, ACCA, CIMA, ICAEW, CFA Institute, and GARP Global Association of Risk Professionals. This makes it the most widely CPD-recognised IFRS 9 ECL training programme available across the ASEAN region covering both Singapore and Malaysian Chartered Accountants simultaneously.

Question 12

Can this IFRS 9 ECL Modelling Workshop be delivered in-house across Southeast Asia?

Accepted Answer

Yes. Shasat delivers this IFRS 9 ECL Modelling Workshop as a bespoke in-house programme for financial institutions across Southeast Asia including Singapore, Kuala Lumpur, Jakarta, Bangkok, Manila, Ho Chi Minh City, Yangon, Phnom Penh, Colombo, and all ASEAN financial centres. In-house delivery can be tailored to your local standards framework IFRS 9 MFRS 9 PSAK 71 TFRS 9 or PFRS 9, your national regulatory environment, and your specific portfolio including Islamic finance SME trade finance or microfinance. Contact info@shasat.com to discuss.

Question 13

What other IFRS 9 ECL modelling courses does Shasat offer globally?

Accepted Answer

In addition to Singapore Shasat offers IFRS 9 ECL modelling training in London, Zurich, New York, Brussels, Dubai, Toronto, Cape Town, Bermuda, Sao Paulo, Sydney, Miami, Lima, Doha, Rio de Janeiro, Seoul, and Hong Kong. The Hong Kong programme serves Greater China professionals. The Dubai programme serves GCC and MENA professionals. The Brussels programme serves European Union professionals. The Cape Town programme serves African professionals. Contact info@shasat.com for information on available dates.

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