October 21 2011
Comment on exposure draft "ED/2011/3: Mandatory Effective Date of IFRS 9"
The German Banking Industry Committee basically welcome the IASB's proposal to postpone mandatory application of IFRS 9 until 2015. "It will be essential, however, to finalise the outstanding phases of IFRS 9 (impairment and hedge accounting) without...Mehr
March 4 2011
ZKA Response to Standard & Poor’s Proposed Revised Criteria for Rating Banks
The financial crisis revealed a large-scale failure to correctly assess individual risks and identify systemic risk. In response, extensive measures to regulate financial markets have been adopted worldwide, focusing primarily on the banking system....Mehr