By Warren Loui, Robert Hugi and Elizabeth Han
On Nov. 12, 2009, the Board of the Federal Deposit Insurance Corp. (FDIC) approved an Interim Rule that provides some crucial transitional relief relating to recent changes in U.S. accounting standards for securitizations. One of the key impacts of the accounting changes is that banks (among other entities) will no longer be able to achieve sale accounting treatment in securitizations of credit card and other receivables using ...
To continue reading, please subscribe.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In