Reforms around Accounting Standards and Financial Supervision

Publish date:

How gaps in accounting standards and financial supervision are being addressed for a more stable global financial system In the wake of the financial crisis, accounting and regulatory bodies are focusing on the role played by fair value accounting practices, lack of transparency in the over-the-counter derivatives market, and the under-regulation of the shadow banking […]

How gaps in accounting standards and financial supervision are being addressed for a more stable global financial system

In the wake of the financial crisis, accounting and regulatory bodies are focusing on the role played by fair value accounting practices, lack of transparency in the over-the-counter derivatives market, and the under-regulation of the shadow banking market in the proliferation of the crisis. This in turn has led to certain key legislative developments that are being formulated to address these gaps and that are likely to impact financial services institutions.

This paper is part of Capgemini’s What You Need to Know series dedicated to Financial Services Regulations.

Related Resources

Cloud Transformation: The keys to success

Accelerate your digital transformation by moving to cloud, and add performance and agility to...

The open-source technology opportunity in Payments

While traditional technologies have evolved and continue to work just fine, open-source...