The International Accounting Standards Board (IASB) has proposed a new risk mitigation accounting model that could give investors greater transparency into how banks manage portfolio-level risks such as interest-rate movements. The IASB has opened a public consultation on the proposal, which could result in amendments to IFRS 9 Financial Instruments and related IFRS 7 disclosure requirements. IASB chair Andreas Barckow said the aim of risk mitigation accounting is to better a