Financial accounting standards board (fasb)
FASB and IASB must keep trying to unite standards, say bank regulators
This webinar on September 17th looks at the challenges of GRC, key trends, motives for improvement, future investments, and obstacles that banks and other financial institutions face in trying to improve and integrate their risk management strategy
More Financial accounting standards board (fasb) articles
Hoogervorst says work on classification and measurement "has been done for nothing"
Tobias Guldimann moves to newly-created risk position, and other Changing Hats stories from the last month
Industry says action is imperative as hedges could be rendered ineffective by the market's switch to OIS discounting
Derivatives accounting proposals abandoned to relief of dealers - but move deals a blow to hopes of convergence between US standards and IASB
Called to account
US standard-setter tilting towards IFRS on accounting for financial instruments
Proposal for convergence on derivatives netting could force an adjustment of US bank leverage ratios, says regulator
The findings of a group of credit risk experts should help IASB staff find a way to make its proposals operational, board member John Smith tells Risk
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.