Clearing up FSA goodwill
The story on Financial Services Authority rules in the September PB Electronic stated that goodwill ...
The story on Financial Services Authority rules in the September PB Electronic stated that goodwill must be removed from brokers' balance sheets from January 2008. PB would like to make it clear that the FSA's rules apply to brokers using goodwill to meet their capital requirements, though it remains good practice to amortise goodwill after an acquisition.
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