Page 15 - Exposure Draft News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 Lanka's local currency rating 'Under Criteria Observation' (UCO) following shift in policy to apply + and - modifiers to the agency's 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.