When must companies begin furnishing the quantitative and qualitative disclosures of market risk?
Answer All companies with market capitalizations of more than $2.5 billion on January 28, 1997, and all banks and thrifts of any size market capitalization, must provide the quantitative and qualitative information in filings that include audited financial statements for fiscal years ended after June 15, 1997. For all other companies except small business issuers, the disclosures are required in filings that include audited financial statements for fiscal years ended after June 15, 1998.
Related Questions
- How does a company determine whether its market risk exposures are material enough to require the quantitative and qualitative disclosures specified by the new rules?
- When must companies begin furnishing the quantitative and qualitative disclosures of market risk?
- If a company does not use derivatives, are quantitative disclosures of market risk required?
