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Corporate & Securities Law
: Jim Hamilton's World of Securities RegulationBy Jim Hamilton
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French Central Bank Official Views Fair Value Accounting as Tool to Fight ProcyclicalityNoting that there is no reasonable or practical alternative to fair value accounting for tradable securities, the Deputy Governor of the Bank of France believes that accounting standards, including fair value standards, may yet be used as a tool to address procyclicality and pre-empt the build up of imbalances in the financial system. In recent remarks, Governor Jean-Pierre Landau said that regulatory concern read more
Full post as published by Jim Hamilton's World of Securities Regulation on August 27, 2009 (boomark / email).
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