UPDATE 1-U.S. regulators give banks relief on accounting standard, derivatives rule
U.S. banking regulators
announced Friday that banks would have the option of ignoring
the capital implications of a new global accounting standard for
two years in a bid to ensure banks continue lending through the
pandemic.
announced Friday that banks would have the option of ignoring
the capital implications of a new global accounting standard for
two years in a bid to ensure banks continue lending through the
pandemic.
Posted by Reuters
