// definition
IFRS 9 Stage 3
Credit-impaired financial asset
Short definition
A category of financial assets with recognised credit impairment. The share of a portfolio classified as Stage 3 measures the affected exposure, not the amount irretrievably lost. Provisions, collateral and recoveries need to be examined separately.
risk atlas
Knowledge map
Primary sources
- ACPR, Analyses et synthèses No 184Pages 16 and 25: Stage 3 exposures, provisions and IFRS 9 classification. French source.