This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

IVSC working towards guidance on fair value of financial instruments

  • IVSC (International Valuation Standards Council) (lt green) Image

12 May 2011

The International Valuation Standards Council (IVSC) has issued the latest edition of its 'E-Newsletter', which includes an update on the IVSC's work on guidance for the determination of the fair value of financial instruments.

In 2009, the IVSC formed a Financial Instruments Expert Advisory Group (FIEAG) to assist in identifying valuation problems that the IVSC could include on its work plan. The FIEAG contributed towards the production of a high-level standard specifically on financial instruments (IVS 250), which will be published in June 2011.

In addition, the IVSC has included two financial instruments projects on its work plan, which are likely to result in 'Technical Information Papers' (TIPs):

  • Financial instruments valuation methods – a high level overview of the principal valuation techniques used for valuing the main categories of over the counter instruments
  • Credit/debit valuation adjustments – an area in which there appears to be considerable divergence in practice.

The FIEAG also identified other potential projects on liquidity premiums, yield curve dislocation and model uncertainty. These projects are not currently included on the IVSC's work programme.

Click for IVSC E-Newsletter (link to IVSC website).

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.