Close
ThinkAdvisor

Portfolio > Economy & Markets

IASB Panel To Review Inactive Markets

X
Your article was successfully shared with the contacts you provided.

The International Accounting Standards Board has formed an expert advisory panel to discuss the “valuation of financial instruments in inactive markets.”

The IASB, London, is setting up the panel to review valuation techniques, and to formulate “any necessary additional practice guidance on valuation methods for financial instruments and related disclosures when markets are no longer active,” the group says.

In addition to representatives from accounting firms and regulatory agencies, the advisory panel includes representatives from American International Group Inc., New York; Swiss Reinsurance Company, Zurich; and the International Association of Insurance Supervisors, Basel, Switzerland.