Accounting Today

Banks may be using accounting maneuvers to avoid reporting losses

Banks have been reclassifying their losses to avoid taking steep write-downs that could affect their ability to stay in business, helping them avoid the high-profile banking failures seen in recent ...
JD Supra

OCC updates bank accounting guidance

On August 15, the OCC released an annual update to its Bank Accounting Advisory Series (BAAS) which is intended to address a variety of accounting topics and promote consistent application of ...
Retail Banker International on MSN

ECB examines allegations of Deutsche Bank understating balance sheet risks-report

This review is based on claims by a former Deutsche Bank employee regarding the lender’s application of netting practices.
CNBCTV18

RBI stresses need for stronger capital buffers, uniform central bank accounting standards

The RBI said central banks need stronger capital buffers and more consistent valuation practices as balance sheet volatility rises globally. Deputy Governor Shirish Chandra Murmu outlined the RBI’s ...
Daily Excelsior

Central bank disclosures should strike balance between transparency, confidentiality: RBI Dy Guv

Central bank disclosures need to strike a fine balance between transparency and confidentiality, Reserve Bank Deputy Governor Shirish Chandra Murmu said here on Friday. Central bank mandates vary ...
CNN

DeSantis, who blamed diversity initiatives for Silicon Valley Bank’s downfall, pushed for rollback of bank regulations under renewed scrutiny

But left out of DeSantis’ comments was his own record on banking regulations. As a member of Congress, DeSantis was an outspoken champion for lifting regulation on small and mid-sized financial ...

High gold prices, CBDC to influence central banks’ accounting, disclosures: RBI DG Murmu

The sharp rise in gold prices and the potential impact of Central Bank Digital Currency (CBDC) on central bank balance sheets are among emerging areas in central bank accounting and disclosures which ...