Global

Details

  • Service: Audit
  • Type: Business and industry issue
  • Date: 2/1/2011

Proposals for common approach to offsetting financial assets (2011/02) 

In response to stakeholders’ concerns, including those of the Basel Committee on Banking Supervision and the Financial Stability Board, the IASB and the FASB engaged in a joint project on offsetting financial assets and financial liabilities.
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