United States

In the Headlines: Improving Risk Disclosures for Banks

Oct 06, 2014
From the Financial Reporting View and the IFRS Institute

In the Headlines 14-21 summarizes the second progress report by the Enhanced Disclosure Taskforce (EDTF) about implementation of its recommendations from 2012. The report describes the EDTF’s review of disclosures in the 2013 annual reports of 41 systematically important banks with the goal of improving investor confidence in banking sector financial reports. The EDTF believes that while banks made significant progress in implementing the recommendations, there still is work to be done. The progress report includes a summary of lessons learned that banks can consider in improving their disclosures.

Read In the Headlines 14-21