Bucharest – 3 December 2024 The Association of Financial Analysts – Bankers in Romania (AAFBR) has a new Board of Directors The Association of Financial Analysts and Bankers in Romania (AAFBR) has elected a new Board of Directors for a two-year term, until the end of 2026.By a vote of the association’s members, Flavius Jakubowicz…
EFFAS News – 13 December 2024 Macau Daily News – First EFFAS Exam Center Established in Macau Introducing ESG Certification Pioneering Research in Sustainable Finance The European Federation of Financial Analysts Societies (EFFAS) Environmental, Social, and Governance (ESG) Certification Exchange and Exam Partnership Award Ceremony was held this morning at 10:30 a.m. at the headquarters…
PRESS STATEMENT – 06 December 2024 Frankfurt — 4 min. read The Gasperini ESG Awards 2025 Pioneering Research in Sustainable Finance The European Federation of Financial Analysts Societies (EFFAS) is pleased to announce the opening of submissions for the Gasperini ESG Awards 2025, a prestigious annual award that recognizes the most groundbreaking and impactful research…
PRESS STATEMENT – 04 December 2024 Frankfurt — 2 min. read EFFAS Highlights the Urgent Need to Strengthen Equity Markets in the EU Capital Markets Yearbook 2024 released EFFAS, the European Federation of Financial Analysts Societies, fully supports the latest analysis of the Savings and Investment Union (formerly known as Capital Markets Union). In April…
On 10 December 2024, EFRAG will hold its third annual conference, “Advancing Transparency & Competitiveness in Challenging Times”, in Brussels. The event will focus on key developments in sustainability and financial reporting, offering insights from high-level speakers and experts in the field. The EFRAG Conference will feature keynote speeches on the latest trends in corporate reporting,…
On 2 December 2024, EFRAG and AISB are organising an interactive session on IFRS 19 and its impact on subsidiaries without public accountability. The event will cover: Introduction to IFRS 19 and its requirements. EU perspective on its application. Panel discussions with preparers on implementation challenges. Insights on the EU endorsement process. Q&A sessions with IASB, EFRAG, and panellists.…
The recording and presentation slides of the webinar on ESRS for Non-EU Groups are now available for access. On 19-20 November 2024, EFRAG and the European Commission presented the legal framework and standard-setting approach for ESRS for Non-EU Groups to stakeholders. Key Takeaways As per Article 40a of the CSRD, non-EU companies generating over EUR 150 million annually in…
EFRAG has released its Discussion Paper (DP) on the Statement of Cash Flows and is seeking public comments by 15 May 2025. Objective of the Discussion Paper: The DP identifies key issues with the Statement of Cash Flows as prepared under IAS 7. It outlines various objectives of the statement and explores how it is used by primary users of financial statements. The DP also presents potential alternatives and supplements to the current statement…
EFRAG has released its Final Comment Letter (FCL) on the IASB’s Exposure Draft IASB/ED/2024/4 concerning Translation to a Hyperinflationary Presentation Currency and proposed amendments to IAS 21. Key Highlights: EFRAG supports the proposed amendments to IAS 21 addressing the translation to a hyperinflationary presentation currency. Recommendations have been made to enhance the clarity of the proposals. EFRAG supports the disclosure requirements for both subsidiaries without public accountability and the proposed transition requirements. …
EFRAG is seeking senior contributions in kind to support its surveys and research activities on sustainability reporting. This is a great opportunity for experts to play a key role in shaping European Sustainability Reporting Standards (ESRS). EFRAG is looking for senior secondees with practical expertise and real business experience to help implement the first set of ESRS.…