Tuesday, May 6th, 2008
How to define pro-cyclicality
Procyclicality is used in the context of discussing the effects of Basel II on the financial system. A simplified definition of pro-cyclicality is:
International rules have encouraged banks to act more aggressively when the economic cycle is in the middle of an upswing, when some argue that is ...
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Wednesday, April 23rd, 2008
Deutsche Bank has a glossary for market and stock terms. They list the following international financial institutions:
AIBD - Association of International Bond Dealers, now ICMA. BIS - Bank for International Settlements
EBR - European Bank for Reconstruction and Development
ECB - European Central Bank
EIB - European Investment Bank
ECSDA - European Central Securities Depositories ...
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Tuesday, April 15th, 2008
French Finance Minister Christine Lagard has compared the recent FSF-report released by the G7 Finance Ministers last week to the Plaza Accord (as quoted by Christopher Swann in an article at Bloomington):
The April 11 statement was "not very different'' from the importance of the 1985 Plaza Accord.
The Plaza Accord reached ...
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Wednesday, April 2nd, 2008
Institution: International Accounting Standards Board
Abbreviation: IASB
Type: Private
Founded: 2001
Members Total: 0
Membership in: FSF
Membership of: IOSCO, African Development Bank, Asian Development Bank, Inter-American Development Bank, IMF, ECB, World Bank
Description: In March 2001, the International Accounting Standards Committee (IASC) Foundation was formed as a not-for-profit corporation incorporated in the State of Delaware, US. ...
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Wednesday, April 2nd, 2008
Institution: International Accounting Standards Committee
Abbreviation: IASC
Type: Private
Founded: 1973-2000
Members Total:
Membership in:
Membership of:
Description: The International Accounting Standards Board (IASB) was preceded by the Board of the International Accounting Standards Committee (IASC), which operated from 1973 until 2001.
IASC was founded in June 1973 as a result of an agreement by ...
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