Senior financial supervisors from five countries (collectively the “Senior Supervisors Group”) today issued a report that reviews the disclosure practices of financial services firms concerning their exposures to certain financial instruments that the marketplace now considers to be high-risk.
This report—Leading-Practice Disclosures for Selected Exposures —provides
examples of current leading practices in the reporting of information about
exposures associated with such instruments as collateralized debt obligations,
residential mortgage-backed securities, commercial mortgage-backed securities,
other special purpose entities and leveraged finance loans.
This work was undertaken in response to a request from the Financial Stability Forum.
Leading-Practice Disclosures for Selected Exposures
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