Companies such as HSBC, Barclays and Commerzbank will meet with the IASB privately in order to discuss issues surrounding how derivatives will be dealt with in the new standard. The banks believe that it will compromise the widely used risk management strategy of macro hedging.
Sir David Tweedie has said he is prepared to look for compromises but would not tolerate answers that would weaken the principles already set out, such as measuring derivatives at fair value.
Andrew Tyrie airs views on the Finance Bill, 'Making Tax Policy Better' report, and Brexit
In our latest managing partner Q&A looking towards 2017, CVR Global's Richard Toone talks about recruitment, and the potential threat of competition from the legal sector, as key issues for the firm in the coming year
Deloitte to avoid tendering for government contracts over the next six months, to appease Theresa May following consultant's report that painted a less-than-flattering picture of Brexit plans
In our first Q&A looking towards 2017, Menzies senior partner Julie Adams flags up increasing digitisation, aligned with more hands-on consultative services, as the key mix for her practice