EU members free to interpret derivatives rules

Author (Person)	Parker, Andrew
Series Title	Financial Times
Series Details	1.10.04
Publication Date	01/10/2004
Content Type	News
	The European Commission said on 30 September 2004 that Member States would be allowed to decide how companies apply key elements of IAS39, a controversial new accounting standard on derivatives.
Related Links	European Commission: DG Internal Market: Financial Reporting: IAS 39 - State of Play: Explanatory Memorandum http://ec.europa.eu/comm/internal_market/accounting/docs/ias/explanatory-memo-2004-09-ias39-proposal_en.pdf European Commission: DG Internal Market: Financial Reporting: IAS 39 - State of Play: ARC Annotated version (Revised) http://ec.europa.eu/comm/internal_market/accounting/docs/ias/revised-2004-09-ias39-proposal-annotations_en.pdf European Commission: DG Internal Market: Financial Reporting: IAS 39 - State of Play: Revised Proposal for a Draft Commission Regulation http://ec.europa.eu/comm/internal_market/accounting/docs/ias/revised-2004-09-ias39-proposal_en.pdf
Subject Categories	Law
Countries / Regions	Europe