Financial Accounting Standards Board (FASB)
Mind the Gaap: US banks brace for $50–100bn capital hit
New loan loss accounting regime could shrink US banks' Common Equity Tier 1 ratios by 25–50bp
IFRS 9: An estimable challenge
Sponsored webinar: SAS and AxiomSL
US derivatives users cheer hedge accounting rejig
Rule change ends years of uncertainty and piecemeal reform
Accounting change threatens structured note DVA hedges
Move could force unwinds, but an IFRS exemption may prove a saviour
OCC 'disappointed' at lack of accounting convergence
FASB and IASB must keep trying to unite standards, say bank regulators
The death of an accounting dream
IASB and FASB have failed to bring standards together, stakeholders say
IASB + FASB = FAIL
Stakeholders have given up hope of accounting convergence
'A terrible disappointment' - IASB fumes as US rejects common approach
Hoogervorst says work on classification and measurement "has been done for nothing"
Credit Suisse poaches Munich Re CRO, and other recent job moves
Tobias Guldimann moves to newly-created risk position, and other Changing Hats stories from the last month
Kroeker named as FASB vice-chairman
Former SEC chief accountant returns to regulation
Changing hats – June 2013
Changing hats – June 2013
Next FASB chairman to be Golden
Technical specialist will take over in July
FASB to consider adding OIS rate as hedge accounting benchmark
Industry says action is imperative as hedges could be rendered ineffective by the market's switch to OIS discounting
Show me the money: banks explore DVA hedging
Show me the money
Banks caught in DVA dilemma
The DVA dilemma
Boon to US leverage ratios as FASB ditches netting proposals
Derivatives accounting proposals abandoned to relief of dealers - but move deals a blow to hopes of convergence between US standards and IASB
Banks rail against FASB netting proposals
Dealers say gross figures over-inflate balance sheet and misrepresent risk
Proposals on balance-sheet netting spark worries about leverage ratios
Called to account
FASB softening stance in bid for convergence, say analysts
US standard-setter tilting towards IFRS on accounting for financial instruments
Accounting change prompts rethink of US leverage ratios
Proposal for convergence on derivatives netting could force an adjustment of US bank leverage ratios, says regulator
IASB positive about progress on new loan loss standard as consultation ends
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
Mortgage lenders fret over FASB hedging proposals
Popular risk mitigation strategies could be sunk by new rules on the designation of hedges
FDIC reveals impact of securitisation rule change
The latest US bank results show the effect of recent changes in accounting rules, which brought $295 billion in securitised loans back on to balance sheets