Barclays becomes latest bank to voice opposition to proposed loan rules
Proposed banking rules, born out of the crisis, will be “practically impossible to implement” and encourage “boilerplate” disclosures, according to Barclays.
Barclays’ finance director Chris Lucas is the latest to voice opposition to the accounting rules, which may force banks to calculate and disclose the proportion of loans which will turn bad.
See full Article.
Posts
