Page 8 - Exposure Draft News Today

Fitch Ratings has placed Sri Lanka’s Long-Term Local-Currency Issuer Default Rating (IDR) and associated instruments Under Criteria Observation (UCO) following the conversion of the agency’s Exposure Draft: Sovereign Rating Criteria to final criteria. A summary of the changes introduced by the new criteria is available at: Fitch Ratings Publishes Final Sovereign Rating Criteria The UCO assignment...

Fitch Ratings has placed Sri Lankas local currency rating Under Criteria Observation (UCO) following shift in policy to apply + and - modifiers to the agencys CCC ratings.

Minister for financial services, Stephen Jones, has announced Your Future, Your Super performance tests will not be extended beyond MySuper products this year.

Minister for financial services, Stephen Jones, has announced Your Future, Your Super performance tests will not be extended beyond MySuper products this year as well as draft legislation for an adjustment to the performance test for faith-based products.

Focus on intangible assets and cash flow statements announced but completion of current work plan will be a priority for the next two years to limit disruption for preparers.

The ISSB’s proposed standard on general requirements for the disclosure of sustainability-related financial information is a big step in the right direction for sustainability reporting – but improvements are needed.

The SMSF industry favours a more flexible approach in terms of reviews on auditor fee dependency. In May 2021, the APESB issued an exposure draft with proposed changes to fee provisions in APES 110 C

Term SOFR, the forward-looking term rate based on the Secured Overnight Financing Rate (SOFR), has become an established benchmark rate for new US Dollar lending in the US syndicated...

/PRNewswire/ -- On May 22, Singapore has set up the first overseas investment fund with Chinese Baijiu industry as the targeted industry investment, which will...

How different are Chinese and European data regulations? We compare the requirements under the PIPL vs GDPR and discuss steps for companies to be compliant.