IASB still receiving comments and complaints over new accounting proposals for loans despite the consultation period ending more than two weeks ago
Banks have been quick to condemn the new accounting proposals for loans, which they argue are impractical, costly and misguided.
Letters are still pouring into the International Accounting Standards Board (IASB), despite the formal comment period closing more than two weeks ago, with Lloyds TSB, RBS and Barclays all sounding similar notes of alarm at the new rules.
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