The Clearing House (TCH) filed a comment letter with the FASB on targeted improvements to accounting for hedging activities. The letter supported (i) proposed refinements to the accounting for the hedged item in fair value hedges of interest rate risk, (ii) proposed changes that allow more risk component hedging, and (iii) proposed improvements regarding the application of current guidance related to the assessment of hedge effectiveness.
You Might Also Be Interested In...
Cybersecurity
Financial Trades Call for Accessible, Functional and Simple Cyber Incident Reporting Rules
Security
BPI Comments on NYDFS Proposal on Cybersecurity Requirements for Financial Services Companies
Regulatory Reporting and Accounting
BPI Comments to Banking Agencies on Reporting of Notional Pool Balances on Schedule RC-O of the Call Reports
Regulatory Reporting and Accounting
BPI and IIB Comment on Federal Reserve Proposal to Revise FR Y-7Q Capital and Asset Report for Foreign Bank Organizations
More Posts by This Author