The sharp knives of the ignorant The speech by the Bank of England’s Andy Haldane, reported on page 32 of this issue, took as its premise that there has been a breakdown in trust in the financial
The International Accounting Standards Board (IASB) is moving rapidly to replace IAS39 with a significantly different standard during 2010. Exposure drafts are coming out in stages during 2009 with the first on classification and measurement published in mid July. http://www.iasb.org.