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ESBG supports a more flexible application of the fair value approach

Date

10 Oct 2008

Sections

Competition

The ESBG strongly supports the initiatives taken last week, notably by the IASB last Friday, with a view to achieving a more flexible application of the fair value approach. This would not only remove some of the current pressure on banks but would also help to provide a more accurate image of the actual financial situation of many institutions worldwide.

Holidays

Due to the summer holidays, our staff will be limited between 1 and 15 August. Premium and Standard job ads will still be published, but their social media promotion will be postponed to 16 August, as well as the publication of all Basic job ads.