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Actuarial

Saturday, 25 October 2008

Mark-to-market Rules Relaxed

The mark-to-market rules have been relaxed for the banks in Malaysia. The rules no longer apply if the banks move the trading portfolios to their long-term books.

Mark-to-market rules can deplet banks' capital in credit turmoil even though the assets of banks have yet to default.

Source: The Star

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