All posts tagged "Accounting"
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88FeatureRBI Formally Permits India Residents to Invest in GIFT City
Separately, a new framework has been issued allowing professional services firms including consultancies, fund administrators and trustees to set up in GIFT City.
February 18, 2021 -
275Fintech / RegtechIOSCO Offers Guidance on Educating Investors on Crypto Asset Risk
The report identifies the possible risks to retail investors in crypto-assets and describes how regulators can help inform them about these risks.
December 30, 2020 -
295Capital RegulationBNM Finalises Transitional Arrangements for ECL Accounting
Financial institutions can add back a portion of their Stage 1 and Stage 2 provisions for ECL to Tier 1 capital over a four or three year period.
December 10, 2020 -
176EnforcementSingapore Authorities Issue More Charges in Wirecard Probe
The director of local accounting firm Citadelle Corporate Services was hit with three additional charges for falsifying letters confirming Wirecard cash balances.
December 10, 2020 -
413InternationalIASB Consults on Accounting Standard for Intra-group M&A
IFRS 3 Business Combinations does not specify how to report transactions involving transfers of businesses between companies within the same group, leading to diversity in practice.
December 1, 2020 -
441Australia & 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 -
334ChinaAMAC Issues Draft Guidelines for Funds on Valuing Financial Instruments
Publicly-offered securities investment funds will have to calculate impairment of financial instruments based on expected credit losses.
November 16, 2020 -
645Securities & TradingSGX RegCo Addresses Financial Reporting Challenges Amid Covid-19
SGX RegCo places emphasis on quality, reliability and appropriateness of interim financial reports, with particular regard to asset valuations and alternative performance measures used.
July 27, 2020 -
726FeatureSingapore Banks Ready to Trade SORA Derivatives
The ABS and SC-STS say "significant progress" has been made in key technical work to support Singapore's transition from SOR to SORA.
June 29, 2020 -
1.1KIndiaIndian Banks Association Pushes for LIBOR Transition Readiness
The IBA has written to companies asking them to assess the impacts that the LIBOR phase-out will have on their businesses, and to prepare accordingly.
February 12, 2020
