The Swedish Financial Supervisory Authority has launched an in-depth supervisory analysis to assess how credit institutions measure asset quality and apply the IFRS 9 expected credit loss framework. The review will examine institutions’ models and processes for expected credit losses and how these are used in assessing asset quality. The assessment will be based on the European Banking Authority’s guidelines on credit institutions’ credit risk management practices and accounting for expected credit losses (EBA/GL/2017/06) and will cover a sample of nine credit institutions.