| Table of Contents: | | | | GEOGRAPHIC REGIONS : International, United States, EU, United Kingdom | | | | TOPICS : economy, banking, corporate, derivatives, equities, finance, investment, reform, regulation | | | | SIGNIFICANCE : The credit crisis demonstrated that off-balance sheet vehicles widely used by financial firms were not as clearly separated from financial sponsors' balance sheets as many had believed. The accounting standards and interpretations of the International Accounting Standards Board (IASB) and the US Financial Accounting Standards Board (FASB) have become an area of scrutiny for politicians, regulators and investor |
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