IAS 39 still unacceptable says Euro official

"Difficult discussions [with the IASB] are continuing over the two standards," he said at last week’s Council of Economics and Finance Ministers in Brussels. The Council approved Bolkestein’s efforts to seek an agreement with the IASB, and invited him to continue to pursue the changes they deem necessary.

Financial instruments standards IAS 32 and 39 are due for adoption by all listed EU companies in 2005, but the commission fears they will cause excess volatility in financial statements

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: