analyzes the implications of the change from IAS 39 to IFRS 9 in the context of bank resilience. We shed light on two effects … bank resilience through lower capital levels. In the absence of archival data of IFRS 9 and their potential biases due to … the COVID-19 pandemic, we use the European bank stress test results as a natural experiment, in which all banks are …

portfolios are grouped into three separate groups based on the size of the bank to which they belong, in particular, large …

concordance with the Basel guidelines as applied by a bank supervisor. The findings show that SRISK produced a more consistent …