Taiwan mandates CVA implementation for all listed banks

Banks will have to account for CVA, but are not expected to price it into OTC deals

taiwan-on-map

Taiwan's authorities have mandated all listed banks to report credit valuation adjustment (CVA) and debit value adjustment (DVA) when measuring the fair value of over-the-counter derivatives.

The Taiwan Stock Exchange and Financial Supervisory Commission asked public banks to upgrade their accounting practices from international financial reporting standard IFRS 10 to IFRS 13 from January 1. The new rules require them to factor CVA and DVA into the fair value calculation of OTC derivatives.

The

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: