The credit crisis has coincided with the first year of the mandatory application of IFRS 7. To lend some insight into how well financial institutions are adjusting to the new financial reporting requirement, we've examined 24 of the largest European bank disclosures in a new report, IFRS 7 in the banking industry.
Here's what you need to know:
For more on IFRS 7, read our comprehensive report IFRS 7 in the banking industry.
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