Author/Editor: Alicia Novoa, Steven A. Seelig.

Release Date:July, 2009

This paper summarizes the results of a survey of financial supervisory agencies in IMF member countries conducted in 2007. Responses were received from 140 financial sector supervisors in 103 more...

Author/Editor: Jodi G. Scarlata, Juan Sole, Alicia Novoa.

Release Date:March, 2009

In light of the uncertainties about valuation highlighted by the 2007-2008 market turbulence, this paper provides an empirical examination of the potential procyclicality that fair value accounting more...