EU fast-tracks IFRS 9 transition

Jean Comte

April 12, 2017 12:45 pm

European_flag_Parliament_Fotolia_230x150 — EU flags waving in front of European Parliament building. Brussels, Belgium | Grecaud Paul - Fotolia

The European Parliament agreed on Tuesday to fast-track its work on how to bring in IFRS 9 accounting, following calls from the 28 European member states. European authorities aim to finish their work before January 2018, in order to avoid a ‘cliff effect’ on bank capital.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login

Topics

Regulation FIG People and Markets Euro FIG People and Markets

JC

Jean Comte