09:15
Credit & Financial Institutions
M21020 – Prudential treatment of software assets
26th February 2021
Online Webinar
09:30 - 11:00
Organised by Malta Institute of Accountants
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.
09:15
11:00
Participation Fees (The Institute is now accepting payments via Paypal) –
Participation Fees (The Institute is now accepting payments via Paypal) –