UPDATE 2-U.S. regulators give banks relief on accounting standard, derivatives rule
U.S. banking regulators
told banks Friday they could ignore the capital implications of
a new accounting standard for two years and adopt early a new,
more sensitive way to measure risk in a bid to ensure banks
continue lending through the pandemic.
told banks Friday they could ignore the capital implications of
a new accounting standard for two years and adopt early a new,
more sensitive way to measure risk in a bid to ensure banks
continue lending through the pandemic.
Posted by Reuters
