The European Securities and Markets Authority (ESMA) has published its annual Public Statement on European Common Enforcement Priorities – and Covid-19 is at the top of the list.
The 2020/21 reporting season is set to bring a number of new challenges for businesses. With Covid-19 disrupting business-as-usual world-wide, and Brexit causing uncertainty in Europe, The UK Financial Reporting Council’s (FRC’s) Director of Regulatory Standards, Mark Babington, has some advice for preparers.
Alternative Trading Systems (ATS) tend to be less regulated than official exchanges. Offering a similar service, ATS primarily provide a place to match buyers and sellers for transactions, mainly securities, with minimal rules of conduct.
With the criminal justice system and police reform in the spotlight recently, it would make sense to examine the data to make informed, effective changes. There’s one problem: the data itself.
The current pandemic has proven how crucial digitisation is to future-proofing economies, businesses and regulators. A recent article on Money Control looks at the impact India’s lockdown measures will have on shareholder meetings. Timely shareholder meetings are essential for many material aspects of business – and forgoing them could raise the threat of non-compliance. Offering […]
On Monday the US Congress passed the GREAT or “Grant Reporting Efficiency and Agreements Transparency” Act, previously agreed by the Senate.
Next week XBRL International CEO John Turner will talk about the future of technology and transparency at an EU Commission conference in Brussels, hosted by Deloitte. Transparency is essential for capital markets to function efficiently: investors need to know what they are investing in to make the best decisions for their capital. While the EU […]
An article in the Financial Times has highlighted a growing trend for private equity owners in the $1.2 trillion leveraged loan market to structure “covenant lite” lending to the companies within their portfolios, potentially leaving investors in the dark. Interest in leveraged loans – higher risk, higher interest loans for companies with poorer credit history – has […]
How best to advance and improve corporate reporting? Sometimes to move forward it’s important to go back to the roots, and in a recent report the Corporate Reporting Dialogue (CRD) have done exactly that, looking at the foundational aims for financial and non-financial reporting: transparency and accountability. Transparency and accountability lie at the heart of […]
In a talk at the 2018 IFBM Conference Professor Penelope Tuck, Birmingham University Business School, examined the role financial reporting plays in response to calls for increased transparency about the tax affairs of multinationals.
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