Deutsche Bank welcomes EDTF r eport
F R A N K F U RT: Deutsche Bank said today that it welcomes the publication of the report by the Enhanced Disclosures Task Force (EDTF) on "Enhancing the Risk Disclosures of Banks". The EDTF is a private-sector initiative, organized under the auspices of the Financial Stability Board (FSB). The EDTF includes representatives of asset management firms, investors and analysts, global banks (including Deutsche Bank), credit rating agencies and auditors. Deutsche Bank welcomes this report as a valuable contribution to the common goal of enhancing risk disclosures by financial institutions and endorses the overall objective of continuing to refine and improve the quality and usefulness of risk disclosure across the industry generally, building on current efforts by individual firms and the industry as a whole.