FSB task force proposes enhancements to risk disclosure
The Financial Stability Board has released a report by private-sector representatives that sets out seven principles for improving the quality, comparability and transparency of banks' risk disclosures.
The Enhanced Disclosure Task Force (EDTF), comprised of representatives from global banks, investors, analysts and external auditors, was formed in May 2012 to recommend improvements to risk disclosure. The report, published today (October 29), noted this would benefit the industry and the wider
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