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Email News Service May 09: Global accounting rule-makers align with US on fair value

Simon Turmaine | May 27, 2009

LONDON, May 28 (Global Risk Regulator) – Fears that Europe’s banks face an unlevel playing field in accounting terms should recede with the issue today of proposals to bring international guidance on using controversial fair-value concepts into line with recent changes in the US, according to professional accounting sources.

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