The new IASB model on the measurement of credit exposures: a missed opportunity

The model 2013 IASB appears logically weak, exposed to a high degree of discretion in its implementation, potentially unsuitable to meet the requests of the G20.A possible alternative model could consist in increasing the levels of provisions on performing loans, forcing companies to set aside systematically a part of accrued interests and to promptly adjust generic reserves when the performance of the economy signals a trend structural increase of the average expected losses of the portfolio