CBUAE issues IFRS 9 application guidance to financial institutions
The Central Bank of the UAE (CBUAE) has published guidance on how financial institutions must apply International Financial Reporting Standard 9 (IFRS 9) for credit loss provisioning and financial instrument classification. This affects all UAE banks, insurance companies, and other regulated financial entities.
The analysis — automated & source-checked
- Applies to
- Financial services · UAE
- What to do
- Financial institutions must review CBUAE guidance on IFRS 9 application and ensure accounting policies, provisioning models, and financial reporting systems comply with the directive.
Source
“The Central Bank of the UAE (CBUAE) has published guidance on how financial institutions must apply International Financial Reporting Standard 9 (IFRS 9) for credit loss provisioning and financial instrument classification.”
— Central Bank of UAE, 10 Jun 2026
Source: Central Bank of UAE — official 10 Jun 2026 Read the original ↗ More from Central Bank of UAE →
Quick answers
What do I need to do?
Financial institutions must review CBUAE guidance on IFRS 9 application and ensure accounting policies, provisioning models, and financial reporting systems comply with the directive.
Who issued this?
Central Bank of UAE (UAE).
When was it announced?
10 Jun 2026.
Where can I read the original?
Read the original at Central Bank of UAE: https://www.centralbank.ae/en/news-and-publications/news-and-insights/thematic-news/cbuae-issues-guidance-to-financial-institutions-on-the-application-of-international-financial-reporting-standard-ifrs-9/
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