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IAS 39: European Banks Welcome Talks But Stress Outstanding Issues Must Be...

From: EBF-FBEAs expected, the International Accounting Standards Board (IASB) has published its Amendment to IAS 39 aiming at introducing Fair Value Hedge Accounting for a Portfolio Hedge of Interest...

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Accounting standards: a challenging reform

The financial crisis highlighted the pro-cyclical nature of accounting standards, i.e. their capacity to accentuate the impact of the business cycle.

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European Banks Request Progress on IAS 39 Before Endorsement

FBE press releaseEuropean Banks Request Progress on IAS 39 Before Endorsement In a letter sent today to Commissioner Bolkestein, as well as to the heads of the International Accounting Standards Board...

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The FBF offers alternative proposals for more realistic accounting standards

The FBF has noted the lack of progress in the global reform of accounting standards requested by the G20. The proposals made in recent weeks by the US and international standards boards fail to meet...

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Financial reforms must take into account the G20's growth target

French banks are pleased that, during the recent Toronto summit, the G20 confirmed its objective of a "more resilient financial system (...) which is able to support solid and stable economic growth".

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