The IACPM is a non-profit organization dedicated to advancing the practice of credit portfolio management.
So far, 2012 has been a year of many challenges for Credit Portfolio Management due to the spate of new regulations and the difficult market environment. The IACPM has been making its voice heard on a number of proposed regulatory and accounting changes, and we are pleased to report that we have had success on issues such as liberalizing requirements for fair value treatment of loans hedged by CDS.
Because of the steadily expanding range of important issues with which we are dealing on behalf of our members, we decided that it is important to provide you with a regular overview of our activities. This Regulatory and Accounting News overview is the first of periodic updates we will publish on the key topics the Association is addressing. We hope you will find them helpful and informative.
We welcome your comments and suggestions.