The banking sector is currently experiencing some of the most significant changes in its history. The economic situation on the one hand, and new technologies on the other, strongly contribute to the transformation of banking players: the increase in risk levels, the evolution of technologies, the acceleration of globalisation. In this context of major developments, Mazars has brought together specialised...
So as to meet the need of the Polish banking sector, particularly changing and undergoing constant technologic evolutions, Forvis Mazars decided to dedicate a practice gathering the skills of multidisciplinary experts. Aware of the issues at stake in this sector and able to offer swift, pragmatic and flexible solutions, they will answer to all of your problematics.
Up against great economic and societal upheaval as a result of Covid-19, banks around the world continue to take sustainability seriously and firmly acknowledge the related risks and opportunities, for the market and wider stakeholders alike. For the second year running, Mazars publishes its responsible banking practices report to assess how banks embed sustainability into their commercial practices.
Mazars and the Official Monetary and Financial Institutions Forum (OMFIF) are proud to have come together to produce a global report providing unique insight on current and upcoming financial regulatory evolutions aimed at tackling climate change. What policy adjustments are being undertaken in different jurisdictions around the world to assess and control climate risks? How are these actions likely...
Sustainable finance is expected to be a crucial factor in the post Covid-19 economic recovery period and regulators are encouraging banks to actively embed climate-related risks in their business operations and risk management frameworks. Against this backdrop, Mazars has analysed how 30 of the largest banks worldwide have been responding to climate-related financial risks.
23/04/2021 The financial services sector has been at the centre of efforts to resist, and later recover from, the commercial consequences of the Covid-19 pandemic. As one of the sectors recently surveyed in the Mazars 2020 C-suite barometer, it returned broad optimism for the year ahead and a focus on technological transformation and sustainability. Reacting to the survey findings, Emmanuel Dooseman,...
How is the pandemic affecting the financial performance of European banks? The Covid-19 crisis continues to undermine global financial stability. While its full impact on the banking sector is yet to be determined, the 2020 annual results let us build a picture of the Covid-19 impact on the expected credit losses (ECL) in banks’ financial disclosures.
COVID-19 has changed the expectations of regulators and financial statements’ users towards the half-year 2020 financial reporting disclosures.
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