All posts tagged "accounting standards"
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145Australia & NZRBNZ Drafts Interim Solvency Standard to Account for IFRS 17
The inclusion of risk adjustments in insurance liabilities is expected to increase capital requirements for life insurers.
July 27, 2021 -
300InternationalIOSCO Highlights Need for Reliable Going Concern Disclosures
Securities regulators will continue to enforce requirements to recognise, measure and disclose uncertainties about an entity’s ability to continue as a going concern.
March 26, 2021 -
319Asia-PacificThailand to Introduce IFRS 9 Equivalent Standards for SFIs
The BOT has conducted a public hearing on accounting standards for specialised financial institutions, which are tasked with serving government policies.
February 26, 2021 -
320AML / KYCKorea: FSC Financial Sector Focus to Include Risk, Competition, Innovation
The FSC's 2021 policy agenda for the financial sector will include measures to bolster risk management while also strengthening competitiveness and facilitating digital innovation.
February 8, 2021 -
319FeatureSGX RegCo Raises Audit, Valuation Standards for Listed Firms
Primary-listed issuers must appoint an ACRA-registered auditor, and only use property valuers that meet certain qualification criteria.
January 12, 2021 -
530Australia & NZAPRA to Integrate AASB 17 with Capital, Reporting Frameworks
A failure to update the frameworks would result in insurers needing to maintain dual valuation, actuarial, accounting and reporting systems, APRA says.
November 26, 2020 -
1.3KAsia-PacificThailand SEC, UK Govt to Collaborate in Financial Sector
The initial focus areas of the partnership will include green bonds, the fintech ecosystem, e-KYC and cybersecurity, the SEC and UK government said.
September 3, 2020 -
1.4KAsia-Pacific
BOT, UK Government Agree to Cooperate in Financial Services
The MoU will see increased cooperation in areas such as accounting standards, governance and transparency, fintech development, and sustainable finance.
August 16, 2020 -
870Securities & TradingSingapore: ACRA Proposes Amendments to Companies Act
An ACRA working group recommends reforms to facilitate digitalisation, review financial reporting requirements, and safeguard shareholders’ interests, among other proposals.
July 22, 2020 -
659EnforcementSingapore Authorities Commence Joint Investigation Into Hyflux
Water treatment firm Hyflux entered the limelight in 2018 when it tried to restructure nearly S$3bn in debt. The company is suspected of breaching disclosure and accounting rules.
June 3, 2020
