Financial Regulatory Forum

ANALYSIS – US mortgage investors see headway on second-lien write downs

By Reuters Staff
April 12, 2010

By Al Yoon

NEW YORK, April 12 (Reuters) – On March 17, 2009, a group of mortgage bond investors worried about the losses they could suffer as a result of U.S. foreclosure prevention plans asked top bankers to share the pain by taking some write-downs on $450 billion in home equity loans.

Global accounting rule-setter proposes quicker booking of bad loans

By Reuters Staff
November 5, 2009

By Huw Jones
LONDON, Nov 5 (Reuters) – A global accounting standard setter published on Thursday a second leg of proposals to replace its fair value rule that was criticised by policymakers for amplifying the credit crunch.

ANALYSIS-Accounting irregularities may be on the rise in U.S.

By Reuters Staff
October 29, 2009

By Emily Chasan
NEW YORK, Oct 28 (Reuters) – Corporate balance sheets may be showing signs of the wear and tear from the prolonged U.S. recession as accounting irregularities are starting to surface at growing numbers at U.S. companies.”When things get difficult companies tend to stretch even further and utilize whatever games that they can get away with and sometimes they don’t get away with them,” David Tice, chief portfolio strategist for bear markets at Federated Investors, said in an interview with Reuters television on Wednesday.

EXCLUSIVE-U.S., global differences over fair-value accounting can be reconciled – IASB chief

By Reuters Staff
October 6, 2009

tweedie_thb By Emily Chasan
NEW YORK, Oct 6 (Reuters) – Proposed changes to mark-to-market accounting rules are likely to look similar on both sides of the Atlantic in the end, despite a current controversy about how far to expand the rules, the top global accounting rulemaker said.

FACTBOX – Business cases before US Supreme Court

By Reuters Staff
October 5, 2009

The U.S. Supreme Court is seen in Washington, September 29, 2009. REUTERS/Jim Young   (UNITED STATES POLITICS CRIME LAW)The U.S. Supreme Court opened its term on Monday, with new Justice Sonia Sotomayor. Following are some of the important cases business cases that will be decided:

U.S. accounting board eyes more disclosure on illiquid assets

By Reuters Staff
August 31, 2009

Financial Accounting Standards Board Chairman Robert Herz makes remarks at the Reuters Regulation Summit, in Washington, February 7, 2008.     REUTERS/Mike Theiler (UNITED STATES) WASHINGTON, Aug. 31 (Reuters) – U.S. accounting rulemakers have proposed requiring new disclosures on how companies value illiquid assets, a move designed to make it easier for investors to assess businesses’ financial health.
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G20 states unlikely to come clean on government accounting

By Reuters Staff
August 24, 2009

By Huw Jones
LONDON, Aug 24 (Reuters) – Governments are responding to the credit crisis by trying to make corporate accounting more transparent. But they look set to resist pressure to come clean on their own finances.