News Details

14 Jan, 2008
Goodwill

Back in 2005, the FSA granted a three year transition period to enable Directly Authorised Brokers to restructure their balance sheets in order to remove "Goodwill".

Firms are reminded that from 14th January 2008 "Goodwill" ceased to be an admissible balance sheet asset for FSA solvency calculations. 




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