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IFRS 9 ready now with final piece in place

Banks and insurers expected to be most affected by new international standard in financial instrument accounting
Saturday, July 26, 2014 - 06:00

Singapore THE fourth and final piece of a financial reporting standard - six years in the making - has finally been put in place, and seeks to address the weaknesses in the current standard blamed for plunging banks into the global financial crisis. The now-complete new standard in financial

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