New Loan Accounting Rules For Non-US Banks Unveiled
By Linda Chiem ( July 24, 2014, 1:29 PM EDT) -- Non-U.S. banks and lenders will be subject to a new model for classifying financial assets and liabilities and will have to account for expected credit losses in a more timely manner under new finance accounting rules finalized by the U.K.-based International Accounting Standards Board on Thursday....
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