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on Community banking and credit unions |
| By: | Rachid Awad; Mr. Luc Riedweg |
| Abstract: | The paper explores the role of banking supervisors with respect to banks’ implementation of IFRS 9. It discusses: the benefits associated with IFRS 9 as well as the main challenges from banking soundness and risk management perspectives; the role that banking supervisors should play in achieving a robust implementation of IFRS 9; and steps that can be taken to implement IFRS 9 in a proportionate and sound manner while minimizing procyclicality. It argues that authorities should consider introducing a transition period to provide sufficient preparation time for banks and banking supervisors, with an appropriate sequencing of key tasks to be completed; IFRS 9 should be implemented in a proportionate and sound manner; and regulatory provisioning systems used as prudential backstop should be maintained until supervisors have gained sufficient experience with IFRS 9. |
| Keywords: | financial stability; banking supervision; provisioning; procyclicality; proportionality; International Financial Reporting Standards; credit; credit risk; loans |
| Date: | 2026–03–27 |
| URL: | https://d.repec.org/n?u=RePEc:imf:imftnm:2026/004 |
| By: | E. Bonhoure (Kedge BS - Kedge Business School); R. Bawack (Audencia Business School) |
| Abstract: | Despite extensive research linking financial inclusion to sustainable development goals (SDGs), a holistic review of this body of knowledge is still lacking. We used bibliometric methods to identify progress and gaps in this research stream to fill this gap. We propose a holistic conceptual framework of financial inclusion, decomposed into five conceptual blocks: digital and non-digital finance, financial services, and individual-level and systemic factors. The results show that current financial inclusion literature contributes mainly to 6 of the 17 SDGs, with the rest being relatively under-researched. |
| Keywords: | financial inclusion, sustainable development goals, bibliometric, review, digital finance |
| Date: | 2024–12 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-04828293 |
| By: | Mr. Tanai Khiaonarong; Shanyuan Zheng |
| Abstract: | Cybersecurity and digital fraud are closely intertwined in financial services, as vulnerabilities in digital systems enable both institutional cyber incidents and fraud against users. This paper uses publicly available data to review and examine important trends underlying the growing concern of digital fraud. The results indicate that, across 20 industry sectors in 162 countries, cyber events in the financial sector accounted for about 10 percent over the past decade and were concentrated primarily in the banking and securities sectors. Cyber-enabled fraud has nearly tripled but remains underestimated due to underreporting and data gaps across jurisdictions. Credit transfers and credit cards dominate scam payments, with rising reports of payment fraud in some jurisdictions alongside increased crypto‑related cyber events and fraud. Industry studies also suggest that scam losses represent a higher share of gross domestic product in developing economies, while advanced economies tend to incur higher individual losses. Targeted regulatory and infrastructure measures have been taken to strengthen trust in digital finance in some jurisdictions. |
| Keywords: | Banks; cyber events; cyber-enabled fraud; digital fraud; financial sector; payment fraud |
| Date: | 2026–03–27 |
| URL: | https://d.repec.org/n?u=RePEc:imf:imfwpa:2026/062 |