Newsletter April 09: Top accountant horrified

https://www.globalriskregulator.com/

Sorry, you appear to have JavaScript disabled. Please enable
JavaScript to use this tool.

Find out how to enable it for your browser:

Internet Explorer 7 or 8

Click the Tools menu.
Select Internet Options.
Click the Security tab.
Click the Custom Level button.
Scroll down until you see the 'Scripting' section. Select the 'Enable' radio button for 'Active Scripting'.
Click the OK button.
Click the Yes button in the confirmation window.
Refresh this page.

Firefox 3.0

Click the Tools menu.
Select Options.
Click the Contents tab.
Select the 'Enable JavaScript' checkbox.
Click the OK button.
Refresh this page.

Refresh

Regions / Americas

Simon Turmaine | April 21, 2009

Accounting rule-making is not there to satisfy prudential supervisors, of either the micro prudential or macro prudential variety, a top British accountant reminded world leaders as they gathered in London for Group of Twenty (G20) summit on the global financial crisis.

Global Risk Regulator’s articles are exclusively

available to full subscribers

Subscribe today to ensure you stay informed about the latest global regulations and standards. Tel: +44 (0)20 7873 3183 Email: grr@ft.com

Subscribing to Global Risk Regulator ensures easy online access and navigation for the latest analysis, multimedia content, monthly and breaking news alerts straight to your inbox and access to the 10-year archive.

Navigate through the regulatory landscape with a subscription to Global Risk Regulator.

Global Risk Regulator and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
© The Financial Times Limited 2026. All rights reserved. "FT" and "Financial Times" are trade and service marks of The Financial Times Limited. No part of these web pages may be reproduced or transmitted to or stored in any other website or any other form of electronic retrieval system, without prior permission.

Return of geopolitics
Headaches for global banks

EMIR REFIT
Potential to trigger unintended consequences

Newsletter April 09: Top accountant horrified

Global Risk Regulator’s articles are exclusively

available to full subscribers

Subscribe today to ensure you stay informed about the latest global regulations and standards.

Return of geopolitics Headaches for global banks

EMIR REFIT Potential to trigger unintended consequences

Newsletter April 09: Top accountant horrified

Global Risk Regulator’s articles are exclusively

available to full subscribers

Subscribe today to ensure you stay informed about the latest global regulations and standards.

Sign in

Return of geopolitics
Headaches for global banks

EMIR REFIT
Potential to trigger unintended consequences