All Roads Lead to Rome: Navigating IFRS 9

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The delayed recognition of credit losses have caused banks to falter and markets to drop, contributing to the US and global recessions. After the financial crisis, it became evident that trading houses were deficient in measuring their own financial instruments and liabilities. Enter IFRS 9.

The International Financial Reporting Standard (IFRS) 9 is a new accounting standard that is due to take effect on January 1, 2018. The single, principle-based approach to classification will require more

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Removal of Chevron spells t-r-o-u-b-l-e for the C-A-T

Citadel Securities and the American Securities Association are suing the SEC to limit the Consolidated Audit Trail, and their case may be aided by the removal of a key piece of the agency’s legislative power earlier this year.

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