Search Results for: financial reporting
IFRS publishes the global financial reporting language
May 11th, 2016
The 2016 edition of the Pocket Guide to IFRS® Standards: the global financial reporting languagewas published today by the IFRS Foundation. Put together by ex-Board member Paul Pacter, the analysis outlined in the Pocket Guide is conducted across 143 jurisdictions representing 98 per ...
IFAC Group: Better Public Sector Financial Reporting, Accountability. Now.
April 28th, 2015
Accountability. Now. Coalition Meets for First Time to Drive Campaign Forward Convened by the International Federation of Accountants® (IFAC®), the Accountability. Now. coalition, comprising civil society organizations, major international bodies, and the accountancy profession, met for the first time to ...
New York Fed Censured Deutsche Bank Over Inaccurate, Unreliable Financial Reporting
July 23rd, 2014
The Federal Reserve Bank of New York found several deficiencies in the way German lender Deutsche Bank AG’s (NYSE:DB) U.S. unit was reporting its financial data, which, according to a Wall Street Journal report Tuesday, the company had known ...
Financial institutions believe common reporting standard will be more taxing than FATCA – KPMG
September 21st, 2015
With a Jan. 1, 2016 effective date looming for 50 “early adopter” jurisdictions set to enact a new international Common Reporting Standard (CRS) for reporting financial account information, 61 percent of respondents to a KPMG survey of executives at ...
ESMA presents methodology for climate risk stress testing and analysis of the financial impact of greenwashing controversies
January 26th, 2024
The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, today published two articles, one outlining an approach to modelling the impact of asset price shocks from adverse scenarios involving climate-related risks, the other exploring ...
Brexit: Financial market participants whose activity might be impacted
December 29th, 2020
The European Securities and Markets Authority (ESMA) remind stakeholders to be aware and prepared for changes that will occur from 1 January 2021. On 29 March 2017, the United Kingdom (UK) notified the European Council of its intention to ...
ESMA recommends action by financial market participants for Covid-19 impact
March 16th, 2020
The European Securities and Markets Authority (ESMA), together with National Competent Authorities (NCAs), is closely monitoring the situation in view of the continuing impact of the COVID-19 outbreak on financial markets in the European Union (EU). Following a Board ...
European Central Bank enhances reporting on FX interventions
October 4th, 2019
The exchange rate is not a policy target for the ECB ECB so far intervened in the foreign exchange market in 2000 and 2011 ECB to start publishing FX intervention data on quarterly basis as of April 2020 New ...
LPL Financial fined millions
November 1st, 2018
The Financial Industry Regulatory Authority (FINRA), a not-for-profit organization dedicated to investor protection and market integrity in USA, has issued an announcement to inform that it has fined LPL Financial, LLC $2.75 million for complaint-reporting and AML program failures ...
The yen climbed, gold price increased; Key financial events coming up this week
July 23rd, 2018
The yen climbed and Japanese government bonds slid on speculation that the Bank of Japan may debate some fine tuning in its stimulus policy. Asian stocks were mixed. The rise in Japan’s 10-year benchmark bond yield matched the biggest ...
