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Philippines issues IAS39 rules – The Philippines' central bank, Bangko Sentral ng Philipinas (BSP), has issued guidelines for the adoption of financial reporting standards set by the International Accounting Standards (IAS) Board, including IAS 39, which deals with derivatives. The Philippine Financial Reporting Standards (PFRS) and Philippine Accounting Standards (PAS) will apply to annual financial statements starting from 2005. The guidelines follow a memorandum issued by the BSP in January

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Next-generation technologies and the future of trading

At a Risk.net webinar in association with capital markets technology provider Numerix, panellists discuss the potential for increased adoption of the public cloud to boost investment performance, its impact on risk management and overcoming barriers to…

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