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Explain the decision of the eu to embrace a watered-down

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Reference no: EM132619659

Question 1: IAS 39 dawns for local firms discussed how european banks were able to lobby the europian union (EU) so as to be regulated by a "watered-down" version of the accounting standard IAS 39. Explain whether the decision of the EU to embrace a "watered-down" version of the standard is consistent with a "public interest theory of regulation perspective", or whether it can be explained by an alternative theoretical perspective.

Reference no: EM132619659

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