Group of Governors and Heads of Supervision announces higher global minimum capital standards
13/09/2010
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CESR's comment letter on EFRAG's draft response on the IASB's Exposure Draft Conceptual Framework for Financial Reporting: The Reporting Entity
08/07/2010
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Chairman of the IASB addresses ECOFIN meeting
17/03/2010
 | Prepared Statement of Sir David Tweedie, Chairman of the International Accounting Standards Board, to the meeting of the COUNCIL OF THE EUROPEAN UNION (Economic and Financial Affairs) on 16 March 2010.Download the speech (.pdf) |
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IASB backs away from convergence goal
17/02/2010
| The International Accounting Standards Board's oversight body said convergence with the Financial Accounting Standards Board of the US is a way to facilitate and promote adoption of the International Financial Reporting Standards, "but it is not an objective in itself". Accounting standards have become increasingly politicised, making it more difficult to achieve convergence, regulators and accountants said. Read the Financial Times' article |
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IASB - Trustees announce further governance enhancements
15/02/2010
| These changes, which are aimed at enhancing public accountability, stakeholder engagement and operational effectiveness, complete the second part of the IASC Foundation's five-yearly Constitution Review. The Trustees reached their conclusions at their meeting in Brazil on 26 and 27 January 2010. |
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IASB Told to Improve Governance
08/02/2010
| David Wright, deputy head of the European Commission's internal-market division, said getting the governance right was necessary to "depoliticise" accounting standard setters.Read more on the New York Time |
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CPSS - IOSCO review of standards for payment, clearing and settlement systems
04/02/2010
 | The Committee on Payment and Settlement Systems (CPSS) and the Technical Committee of the International Organization of Securities Commissions (IOSCO) have launched a comprehensive review of their existing standards for financial market infrastructures such as payment systems, securities settlement systems and central counterparties. |
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Financial Crisis Advisory Group issues letter to G-20 on IASB and FASB progress
04/01/2010
| On December 15, 2009, the Financial Crisis Advisory Group (FCAG) met to review the progress of the International Accounting Standards Board (IASB) and the US Financial Accounting Standards Board (FASB) in addressing the recommendations contained in the July 28, 2009 report. |
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Basel Committee - Consultative proposals to strengthen the resilience of the banking sector
17/12/2009
| At its 8-9 December meeting, the Basel Committee on Banking Supervision approved for consultation a package proposals to strengthen global capital and liquidity regulations with the goal of promoting a more resilient banking sector. |
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IASB welcomes decision by Japanese FSA to permit domestic use of IFRSs for current financial year
14/12/2009
| The International Accounting Standards Board (IASB) welcomes the recent regulatory changes announced by the Japan Financial Services Agency (FSA) on 11 December 2009. The changes establish an operational framework for the voluntary application of International Financial Reporting Standards (IFRSs) in Japan, starting from the fiscal year ending on or after 31 March 2010 and represent an important step towards the adoption of IFRSs in Japan. |
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EFRAG-FEE paper on expected loss model
10/12/2009
| This paper has been prepared jointly by FEE and EFRAG as part of their pro-active work to provide European stakeholders with a perspective on the proposals of the International Accounting Standards Board for the impairment of financial assets. It is intended to promote discussion and debate on these proposals. The paper describes the proposals but does not represent the views of either EFRAG or FEE. |
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CESR gathers international supervisors to discuss worldwide enforcement of IFRS
07/12/2009
| Enforcers of IFRS from 33 countries, representatives from the International Accountings Standards Board and auditors met for the first time at CESR offices in Paris on 3 and 4 December 2009 to discuss enforcement of International Financial Reporting Standards (IFRS) and enforcement decisions taken around the world. |
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Deloitte : Notes from Tokyo fair value roundtable
01/12/2009
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EFRAG : Publication of Endorsement Status Report Update
27/11/2009
 | In the light of endorsement of the revised IFRS 1 and IFRIC 17 by the European Commission and the publication of IFRIC 19 and the amendments to IFRIC 14 by the IASB, EFRAG has updated the EFRAG Endorsement Status Report, which can be downloaded below.
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