The most significant changes are in the areas of board effectiveness at federally regulated financial institutions
Regulator expects to make announcement within a few months
Revisions reflect a new treatment of net defined benefit pension plan liabilities
The industry is less likely to reach consensus on a set of accounting standards that’s appropriate for every country
New Canadian guidelines take effect Jan. 1, but other jurisdictions face delays implementing Basel III
Turning back the clock is not an option, Zelmer says
Julie Dickson notes that much higher interest rates could yet emerge in the future
Guideline takes effect Jan. 1, 2013
Letter outlines implementation of Basel III for first and second quarters of 2013
A “simpler” solution won’t work, says Dickson