François Groepe: The impact of IFRS 9 on banks and regulators in Africa

Opening remarks by Mr François Groepe, Deputy Governor of the South African Reserve Bank, at the workshop on "The impact of IFRS 9 on banks and regulators in Africa", jointly hosted by the Working Group on Cross-border Banking Supervision and the South African Reserve Bank, Pretoria, 26 September 2017.

The views expressed in this speech are those of the speaker and not the view of the BIS.

Good morning, distinguished guests, ladies and gentlemen.

It gives me great pleasure to warmly welcome you to this workshop on the impact of International Financial Reporting Standard (IFRS) 9 on banks and regulators in Africa, which the South African Reserve Bank (SARB) is hosting jointly with the Working Group on Cross-Border Banking Supervision.