International Accounting Standards Board

International Accounting Standards Board

Abbreviation: IASB. Independent, privately funded international organisation based in London which is responsible for drawing up the International Accounting Standards. Website: www.iasb.org.

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Industry/Domain: Banking
Category: Investment banking
Company: UBS
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international accounting standards board (IASB)

Financial services; Private equity

The quasi-public body established in 2001 to develop a uniform set of international accounting standards (IAS).

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Banking; Investment banking

Currency policy which in principle recognizes the free movement of exchange rates but where interventions are nonetheless made with some frequency in an attempt to influence the ...

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Credit system mainly used in property financing and defined as the burden on the borrower's income (expressed as a percentage) that the cost of a property will incur.

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Especially rapid summary bankruptcy proceedings brought against bill and cheque debtors whose names are entered in the commercial register.

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Banking; Investment banking

Reference parameter (e.g. a share index or an index portfolio) used to compare the performance of a portfolio. A benchmark that is an index is also called a reference index.

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Banking; Investment banking

Payment product which enables the client to give an order to the bank to make regular payments for the same amount and execution date.

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