Accountants and regulators clash over banking standards | AccountingWEB

Accountants and regulators clash over banking standards

Risk has been a key watchword in the banking industry over the past 18 months, but accountants and regulators are at loggerheads over the idea of introducing sector-specific accounting standards to mitigate another crash.

While the lay press has been preoccupied with Barack Obama’s plans to segregate riskier investment banking transactions from retail banking, there has been a substantial debate going on the background about how banks should make accounting and regulatory provisions.


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Crystal Palace in Administration

davidwinch | | Permalink

Crystal Palace have reportedly gone into administration today.