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Tax, Accounting & Legal

Exposure Draft Hedge Accounting: Challenges or Opportunities?

The ED provides more opportunities to better align hedge accounting and economic hedging activities - though entities in both financial services and corporate sectors may want to review their current economic hedging activity to identify new opportunities.

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OTC Derivatives: a Victory or a Battle Lost?

François Masquelier takes a look at the potential effects of the proposed OTC derivatives regulation.

UBS, or the Comedy of Repetition

In light of the huge losses caused by a UBS trader, AFTE's Chairman asks if regulators have the will and means to adopt measures necessary to end such fraud and restore confidence in the banking profession.

IFRS 9: A Simplification of IAS39

 

A review of the progress of IFRS 9, looking in particular at its impact on accounting and valuation - and comparing it with the approach once taken by IAS 39.

Hedge Accounting - the Dark Science

Hedging is a complex and difficult business, ill understood by markets and badly served by current accounting practices. It doesn't help that hedging usually involves the use of derivative financial instruments, long regarded as the dark science of finance.

The Importance of Standardisation to Today's Treasurer

 

Standardisation is becoming ever more important in the current economic climate. It has, for example, allowed banks to focus more and more on the financial services they offer rather than competing in the way information exchange is set up with each particular client.

Give it or Steal it Back…

The EU has a plan for adopting stricter capital requirements and better corporate governance for banks and investment firms (the so-called ‘CDR IV’ project). Despite the fact it only concerns financial institutions, this projected Directive could indirectly heavily impact non-financial corporates.

The Changing Landscape of Treasury Risk Management

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