Alston & Bird LLP | United Kingdom | 28 Jul 2009
Yesterday, the Financial Services Authority (FSA) issued a press release confirming the "extension of the approved persons regime for those that perform a ‘significant influence’ function at firms."
Alston & Bird LLP | USA | 3 Apr 2009
Yesterday, the Financial Accounting Standards Board (FASB) voted to adopt changes to its fair value accounting standard FAS 157 in response to over 600 "comment letters received on FSP FAS 157-e, Determining Whether a Market Is Not Active and a Transaction Is Not Distressed.
Alston & Bird LLP | USA | 13 Mar 2009
Yesterday, the House Committee on Financial Services, Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises held a hearing entitled "Mark-to-Market Accounting: Practices and Implications."