End-users welcome solution to looming new regulations for derivatives and hedge accounting. PAS/SLS (Sub-Ledger System) will enable end-users of derivatives to customize their systems to comply fully with FAS 133, the Financial Accounting Standards Board’s derivatives and hedge accounting standard for non-dealers. The new sub-ledger component takes full advantage of the dynamic flexibility of PAS, and provides a comprehensive framework to meet specific requirements of the new rule, one of the most controversial and far-reaching accounting standards issued in recent years.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.