The Deloitte’s global banking survey of IFRS 9 in 2016 had a question on the state of readiness for IFRS 9 by the deadline of 1 January 2018 and almost 50 per cent of the respondents said that “they do not have enough technical resources to deliver their IFRS 9 project” and almost 25 per cent of the respondents did not think that “there will be sufficient skills available in the market to cover shortfalls.” The worst case scenario is that the Bank ends up, after 1 January 2018, with the subsidiaries and branches of international banks successfully implementing IFRS9 while the domestic and smaller banks are unable to do so.
Thank you for your attention. 3/3  BIS central bankers' speeches