Banks all over the world are investing in new banking technologies at a time when bank customers are progressively going digital in several dimensions of their economic and social interactions. The COVID period has even accelerated this investment as banks had to support their staff through remote working technologies. However, current prudential rules penalise rather than incentivise the use of banking software since software is treated as a cost rather than as an investment. To support banks in pursuing further investment in software development, the CRR2 introduced an exemption from the deduction of intangible assets from Common Equity Tier 1 (CET1) items. The focus of this session will be to understand the new computation, the exemption and the impact on bank’s capital.

Event Agenda

  • High level review of IAS 38;
  • How the revised CRR impacts accountants in banks;
  • Options considered by EBA;
  • Differences between Accounting and Prudential treatments of software assets;
  • Working out a practical example

09:15

Registration

11:00

End Time

Speakers

Mr Jonathan Agius

Mr Jonathan Agius

Pricing & Registration

€10 - €40

Participation Fee

Participation Fees (The Institute is now accepting payments via Paypal) –

  • MIA Members: €20.00
  • Non-MIA Members: €40.00
  • Retired Members: €10.00
  • Students: €15.00

Participation Fees (The Institute is now accepting payments via Paypal) –

  • MIA Members: €20.00
  • Non-MIA Members: €40.00
  • Retired Members: €10.00
  • Students: €15.00

Other Upcoming Events

01
March

9

The VAT Implications of Supplies of Goods (M21011)

Online Webinar

13:30 - 15:30

March

11

The VAT Implications of Supplies of Services (M21012)

Online Webinar

13:30 - 15:30

March

12

Getting into the driver’s seat: how do you inspire performance? (M21013)

Online Webinar

09:15 - 12:30

March

16

Consolidations – From theory to practical case studies – 3 Sessions (M21014)

Online Webinar

13:30 - 16:45

March

17

M21019 – Role of valuations in credit portfolio management

Online Webinar

09:30 - 11:00

March

24

The role of the company secretary (M21016)

Online Webinar

09:15 - 12:30

April

8

VAT Advanced Course – 3 Sessions (M21015.2)

Online Webinar

09:15 - 12:30

April

13

M21021 – Input VAT Recovery

Online Webinar

13:30 - 15:30

April

14

The responsibilities and obligations of becoming a director (M21017)

Online Webinar

13:30 - 16:45

May

19

M21022 – Compiling of a VAT Return

Online Webinar

13:30 - 16:45

June

10

M21023 – VAT & Gaming

Online Webinar

13:30 - 15:30