Accounting Standards

The Financial Accounting Standards Board (“FASB”) issued new accounting standards FAS 166 and 167 on June 12, 2009, which took effect on January 1, 2010 and apply only to U.S. institutions. These new accounting standards have resulted in many banks and finance companies being unable to receive accounting sale treatment with respect to numerous types of securitizations.

Regulatory Materials

Resources Main

Related Topics

Jump to Page