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Foreign exchange

UK banks respond to Cebs criticism

The British Bankers' Association says its members should be able to speed up disclosure and supervisory reporting, after European regulators criticised the delayed and obscure reports issued by many European banks.

Blossoming interest

Foreign exchange derivatives trading levels suffered declines this year as hedge funds and other players partly stepped back from the market. But the asset class remains liquid and is attracting a new breed of market participants. Hardeep Dhillon reports

Dow Jones launches recovery play index

Dow Jones has launched a new index of US companies which are expected to benefit from measures implemented by the government to aid economic recovery. The Dow Jones US Economic Stimulus Index includes 50 of the largest and most liquid companies from six…

IASB proposes simplifying fair-value measurement

The International Accounting Standards Board (IASB) has sought to simplify its standards on fair-value measurement, bringing International Financial Reporting Standards (IFRS) further into line with US Generally Accepted Accounting Principles (Gaap).

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