Press Release: Accounting: Commission asks seven Member States to allow the application of fair values for derivatives

Author (Corporate)
Series Title
Series Details IP/04/984 (22.7.04)
Publication Date 22/07/2004
Content Type

The European Commission has formally asked Belgium, Greece, France, Ireland, Luxembourg, the Netherlands and Finland to write into national law the 2001 'fair value' Directive (2001/65/EC) on accounting rules. If no satisfactory response is received within two months, the Commission may decide to take the Member States concerned to the European Court of Justice.

Source Link Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/04/984&format=HTML&aged=0&language=EN&guiLanguage=en
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