Insurance News
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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
Labels: Accounting

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