All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group

IKB crisis shows dangers of mark to market

IFRS has brought many positives to the capital markets, transparency being one of the main benefits. But as the IKB bailout in particular and the subprime crisis in general show, complete transparency via the mark to market mechanism has its downsides — especially in the illiquid structured credit market.

Unlock this article.

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

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree