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Banks and financial institutions accounts

Banks and other financial institutions accounting rules are described by the:
Council Directive of 8 December 1986 on the annual accounts and consolidated accounts of banks and other financial institutions (86/635/EEC). 

And by:
Council Directive of 13 February 1989 on the obligations of branches established in a Member State of credit institutions and financial institutions having their head offices outside that Member State regarding the publication of annual accounting documents (89/117/EEC).

However listed banks and financial institutions are obliged to follow the International Accounting Standards as adopted by the EU.