The European Commission has announced an ambitious package of proposals aimed at strengthening the EU’s anti-money laundering and countering the financing of terrorism (AML/CFT) rules and cracking down on financial crime.
Gary Gensler, Chair of the US Securities and Exchange Commission (SEC) provided a range of comments on newly introduced US OTC swaps disclosure rules to the American Bar Association Derivatives and Futures Law Committee last week.
The final countdown to XBRL reporting in Oman has begun! Oman’s Capital Market Authority (CMA) and its stock exchange, the Muscat Securities Market (MSM), has organised a second round of workshops in preparation for the launch of its new disclosure portal, which will enable the reporting of both financial and non-financial information in XBRL format.
As support for greater and more consistent environmental, social and governance (ESG) disclosure gathers strength worldwide, the latest voice to join the chorus comes from Russia.
The European Insurance and Occupational Pensions Authority (EIOPA) has published a consultation paper on amendments to its supervisory reporting and disclosure requirements under Solvency II.
The Institute of International Finance (IIF) has recently published an interesting report, titled ‘Navigating Climate Headwinds: Reference Approaches for Scenario-based Climate Risk Measurement by Banks and Supervisors.’
The People’s Bank of China (PBOC) has introduced new disclosure requirements for non-bank payment platforms around the reporting of major events or changes, which will come into effect at the start of September.
The European Banking Authority (EBA) launched today a public consultation on draft regulatory technical standards (RTS) that set out criteria for identifying shadow banking entities.
Some of our readers may be interested in a new eight-step guide to the disclosure process using Sustainability Accounting Standards Board (SASB) Standards.
The Financial Stability Board (FSB) recently published its ‘Interim Report on the Lessons Learnt from the COVID-19 Pandemic from a Financial Stability Perspective,’ identifying preliminary lessons on financial stability and the functioning of the G20 financial reforms.