26 February 2025 Call for Nominations: Join the ESG or Capital Markets Commission We are pleased to announce that nominations are now open for the CESG (Commission on ESG) and the CMC (Commission on Capital Markets). We strongly encourage all National Member Societies to put forward qualified candidates to contribute to these EFFAS commissions by…
21 February 2025 EFFAS Welcomes Henning Eßkuchen to the Capital Markets Commission EFFAS is pleased to announce the appointment of Henning Eßkuchen as a new member of the Capital Markets Commission (CMC). His extensive experience in financial research, investment banking, and market strategy will further strengthen the Commission’s work. As the Head of CEE Equity…
06 February 2025 EFFAS CFR and CMC Commission Submissions: January 2025 Updates. With 2025 just beginning, two of our commissions have already been hard at work during January, submitting two comment letters, one press statement and one consultation. On January 24, the EFFAS Capital Markets Commission (CMC), with input from Fritz Mostböck, submitted its response…
28 January 2025 Introducing Sandor Misik, New President of HCMPS On behalf of the EFFAS Executive Management Committee (EMC), it is our great honour and privilege to extend our heartfelt congratulations on the appointment of Mr. Misik as the new President of the Hungarian Capital Market Professionals Society. We are confident that under your leadership,…
EFRAG has published a summary report on the educational session about IFRS 19, the IASB’s reduced disclosure standard, which took place on 2 December 2024. The session explored the practical application of IFRS 19, particularly its impact on European entities. The event provided a comprehensive overview of IFRS 19, focusing on the standard’s key aspects,…
13 January 2024 Introducing EFFAS’ Four New Certifications: Elevate Your Financial Expertise EFFAS is proud to announce the launch of four cutting-edge certifications, designed to empower finance professionals with the skills and recognition they need to thrive in today’s dynamic markets. These programs, each tailored to specific career paths within the financial industry, are your…
EFRAG announced the release of new Explanations addressing five environmental questions, bringing the total number of answered questions to 162. The December 2024 batch includes key Explanations on topics like climate change mitigation and adaptation targets, as well as biodiversity and ecosystems. These updates are particularly relevant to specific sectors, offering valuable insights for those…
EFRAG has announced the release of 23 new explanations to be added to its Compilation of Technical Explanations, bringing the total to 93 entries. These updates are designed to assist stakeholders in the effective implementation of the European Sustainability Reporting Standards (ESRS) via the EFRAG ESRS Q&A Platform. Key Updates There are now 93…
EFRAG has published its Draft Endorsement Advice (DEA) on Contracts Referencing Nature-dependent Electricity, which includes proposed amendments to IFRS 9 and IFRS 7. Stakeholders are invited to submit their comments by 13 January 2025. Objective of the Amendments The objective of the Amendments is to better reflect the impact of physical and virtual nature-dependent…
EFRAG has published its Draft Comment Letter (DCL) on the IASB’s Exposure Draft IASB/ED/2024/8 on Provisions—Targeted Improvements (proposed amendments to IAS 37). The consultation period for the DCL is open until 25 February 2025. EFRAG’s DCL outlines its preliminary views on the proposed amendments and asks constituents to provide feedback on key aspects before finalizing…