Views on improving the integrity of global capital markets
16 July 2012

Reining in Risk: Improve the Transparency of Banking Financial Reports

Vincent Papa, PhD, CFA, director of financial reporting policy at CFA Institute, recently moderated a panel discussion at the Paris EUROPLACE International Financial Forum on the transparency of banking financial reports. CFA Institute sponsored the panel discussion, which reviewed the current state of play of reporting across European banks and highlighted key risk disclosure and standard-setting initiatives underway to improve the transparency of banks. They include the financial instrument accounting standards update by the International Accounting Standards Board as well as the enhanced disclosure task force formed by the Financial Stability Board. 

In this interview that followed the discussion, Papa examines the link between sovereign debt and bank risk; capital requirements for the banking industry; the need to improve transparency for derivatives; and other systemic risk issues relating to banks.

About the Author(s)
Crystal Detamore

Crystal Detamore is a communications director at CFA Institute and a former columnist for Entrepreneur magazine.

Leave a Reply

Your email address will not be published.



By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close