EDTF publishes report on expected credit losses and disclosures and 2015 progress report on implementation of the general EDTF principles and recommendations

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The Financial Stability Board (FSB) has published two reports by its Enhanced Disclosure Task Force (EDTF). The first report considers the changes banks will need to make to their financial disclosures with the implementation of a new expected credit loss accounting standard. The second report is shows the progress that has been made towards implementing the 2012 EDTF recommendations regarding enhancing the risk disclosure of banks.

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