The way ahead on financial instruments: the banks have their say
Paul Chisnall
(Paul Chisnall is Director of the British Bankers’ Association. In Balance Sheet, Vol. 9 No. 1, we published a series of articles about the Joint Working Group’s proposals for new rules on the disclosure of the effects of financial instruments. It was the opening shot in efforts by standard‐setters around the world to create effective disclosure rules in the banking world. Paul Chisnall wrote in that issue of Balance Sheet on the initial views from the banking community. This article now provides the full and detailed response of the banking community.)
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Abstract
The issue of how banks should disclose the effects of financial instruments is fraught. The global standard‐setting community put forward their views in what became known as the Joint Working Group’s proposals. These aroused strong feelings in the banking world. This article is the first detailed response from the banking community. It argues for evolution of the rules rather than radical change.
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Citation
Chisnall, P. (2001), "The way ahead on financial instruments: the banks have their say", Balance Sheet, Vol. 9 No. 4, pp. 11-21. https://doi.org/10.1108/09657960110696681
Publisher
:MCB UP Ltd
Copyright © 2001, Company