The discussion paper purposely asks more questions than the IASB has answers for. It is the start of what will be a long journey to solve the ongoing debate as to how to best account for banks’ macro hedging of interest rates.
The Joint Administrators to Paul Simon (London) Limited (“Paul Simon”) have announced today that following an initial review of the business’ financial position, they plan to close 17 of the 50 outlets over the next three weeks.
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.