Home / Banking & Finance

Legal News

ISDA publishes response to FASB's consultation on environmental credits accounting

Copyright © 2025 LexisNexis

Published on: 22 April 2025

Published by LNB News

LNB News 22/04/2025

Document Information

Issue Date: 22 April 2025

Published Date: 22 April 2025

Jurisdiction(s): World

Article summary

The International Swaps and Derivatives Association (ISDA) has submitted its response to the Financial Accounting Standards Board's (FASB) consultation concerning environmental credits and environmental credit obligations. While supporting FASB's proposals to establish consistent accounting guidance for environmental credits, ISDA has requested additional clarification in areas including: recognition, derecognition, impairment and hedge accounting impacts. ISDA's response aims to contribute towards the development of standardised accounting treatment for environmental credits.

Popular documents

If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal

If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal fees, will that count as a PET against their estate?A disclaimer is the refusal of a gift prior to acceptance. The refusal of the gift must take place before the beneficiary accepts any benefit

Can shares in a limited company that have not been paid-up at all be cancelled?

Can shares in a limited company that have not been paid-up at all be cancelled?A limited company having a share capital may not alter that share capital, except in the ways listed in section 617 of the Companies Act 2006 (CA 2006). Shares in a company cannot simply be cancelled without following an

Glossary—Latin legal terms

Glossary—Latin legal termsDespite attempts in recent years to simplify the language used in legal cases, there are still a number of Latin phrases commonly used in personal injury claims. The following Latin phrases are listed in alphabetical order:Latin

Template for regulatory references given by SMCR firms and disclosure requirements

Template for regulatory references given by SMCR firms and disclosure requirements[Insert addressee details]Dear [insert name][It is our understanding that [insert name of prospective employee] [was an employee of yours between the dates of [insert dates as appropriate] OR is a current employee of