All posts tagged "accounting standards"
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38Asia-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 -
136AML / 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 -
179FeatureSGX 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 -
442Australia & 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 -
1.2KAsia-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 -
1.2KAsia-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 -
601Securities & 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 -
546EnforcementSingapore 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 -
716FeatureMAS Revises Code on Collective Investment Schemes
The changes extend the requirements imposed on approved trustees and managers to VCCs, VCC directors and VCC custodians, while also introducing a best interest duty.
March 17, 2020 -
706Australia & NZ
APRA Updates Prudential Standard on Credit Risk Management
The revised prudential standard on credit risk management will come into effect from 1 January 2021, six months later than was proposed in a March consultation.
December 13, 2019
