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"The major central banks should put in place a standing network of currency swaps, collateral policies and account arrangements that would make it easier to mobilize liquidity across borders quickly in crisis," he said.
Osborne is expected to assist the cashflow of construction companies working on government projects by the setting up of new bank account arrangements to pay companies within five days or less of the due date.
Finally, Osborne is expected to assist the cash flow of construction companies working on government projects by the setting up of bank account arrangements to pay companies within five days or less of the due date.
But while sticking with the present account arrangements could be seen as inert and apathetic, the obstacles to switching [bank accounts] from increasingly stringent money-laundering prevention requirements can't be ignored".
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"The 'separation' mentioned refers to the accounting arrangements, not the disclosure status," he said.
But the commission evidently did not object to accounting arrangements that softened the impact on earnings after Aetna bought Prudential Healthcare last summer.
The explanation, says the culture ministry in Rome, was a communication problem, caused by a reorganisation of accounting arrangements at Italy's museums.
The company's accounting arrangements are so complex that it took six years for HM Revenue & Customs to decide how much UK tax it should pay.
The industry has long said that changes Congress made in 1989 to some accounting arrangements used by savings and loans damaged once-healthy balance sheets and hurt those institutions.
"The qualification of the accounts simply reflects the fact that the accounting arrangements for payments due in pension liabilities and reimbursement for ex-employees have been captured and clearly flagged as a provision in the financial accounts under Annually Managed Expenditure".
The suggestion that emerged in the trial was that Mr Fastow's motivation for rejecting the proposed accounting arrangement, which would have made things appear better for Enron, was that it would have reduced the value of his stake in the partnerships.More broadly, moves to reform accounting in America are proceeding patchily at best.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com