Latest articles from Staff

Newsletter Mar 2005: A deal at last - fair value formula wins backing

Accounting rule-makers remain cautious, but it looks like a done deal on the fair value option. Hopes rise for a cure to Europe\'s problems with IAS 39. By David Keefe

Newsletter Mar 2005: EU v. rest of the world

Having a say in what the International Accounting Standards Board does has become a hot political issue. Here\'s a review of the comments offered by regulators

Newsletter Mar 2005: Still under the gun, despite SOX delay

Firms mustn\'t be complacent about the delay in applying SOX 404 to foreign companies, says guest contributor Bruce McCuaig. There are sound reasons for pressing ahead at full speed

Newsletter Mar 2005: Majority of British banks support EU capital law

Key survey shows benefits of capital directive set to outweigh costs. Many fears misplaced, says survey author Mark Tilden

Email news Service March 2005 : Insurers see workable solution to fair value option issue

LONDON, March 2 - Europe\'s insurers are softening their opposition to limitations on the use of the fair value option in new international accounting rules in the light of the latest attempt to resolve the wrangle over the option.

Email news Service March 2005 : Hong Kong plans final Basel II rules by end of year

HONG KONG, March 4 - Hong Kong regulators plan to complete by the end of this year the drafting of detailed rules for implementing the international Basel II bank safety accord.

Email news Service March 2005 : Regulator says 2010 date not unreasonable for Europe\'s Solvency II

LONDON, March 9 - A 2010 date for the coming into effect of the Solvency II regime for making Europe\'s insurance industry safer is not an unreasonable target, a senior European Union regulator said today.

Email news Service March 2005 : UK questions feasibility of Europe\'s Basel II start-date

LONDON, March 11 - UK regulators, who favour a single `big-bang\' 2008 start-date, are questioning the practicality of the planned January 1, 2007 date for bringing the Basel II bank safety rules into effect in Europe, given possible delays in the law-making process.

Email news Service March 2005 : US plans to offset Basel II effects on small banks, says Greenspan

SAN ANTONIO, TEXAS, March 11 - US banking supervisors will propose this summer some options for simple revisions to current capital rules where this would mitigate any unintended disadvantages for small and regional US banks created by the Basel II bank safety pact, US Federal Reserve Board chairman Alan Greenspan said today.

Email news Service March 2005 : US regulators warn on Basel II challenges, reiterate no `done deal\'

WASHINGTON, March 14 - Top US banking regulators today underlined the timetable challenges facing the US in implementing the Basel II bank safety rules, urged banks to expedite their plans and warned of obstacles in the way.