PwC has responded in support of the FASB's exposure draft related to expanding and clarifying the portfolio layer fair value hedging model.
To view the full text, launch or detach the following PDF file: PwC comments on FASB's proposal on portfolio layer hedging (PDF 163kb)

PwC. All rights reserved. PwC refers to the US member firm or one of its subsidiaries or affiliates, and may sometimes refer to the PwC network. Each member firm is a separate legal entity. Please see www.pwc.com/structure for further details. This content is for general information purposes only, and should not be used as a substitute for consultation with professional advisors.

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