Javier de Frutos, Chair of the EFFAS Commission on Financial Reporting (CFR), attended the inaugural IFRS Foundation Sustainability Symposium on 17 February 2023 in Montréal, Canada. Here is his summary of the key points. The meeting convened global businesses, investors, and policy makers to discuss progress towards a global baseline of sustainability standards to facilitate…
Over the past decade, the OECD has led the development of pivotal tax transparency agreements in an effort to put an end to bank secrecy and tackle offshore tax evasion and avoidance through initiatives like the Common Reporting Standard (CRS), and the new Crypto Asset Reporting Framework in August 2022. The EU is also increasingly…
Everyone at EFFAS was deeply saddened to hear of the recent passing of our valued colleague and friend, Andrea Gasperini. Chartered Accountant and Auditor in Milan, Italy. Since 1993 Andrea was Head of Sustainability and the ESG Observatory at the Associazione Italiana per l’Analisi Finanziaria (AIAF). Andrea was a pioneer and leader in ESG matters…
The January 2023 edition of the EFRAG Update, summarising public technical discussions held and decisions taken during that month, has been published and can be downloaded below. Read the complete news here.
EFRAG, Europe’s leading voice in influencing IFRS development and a key actor within the corporate reporting landscape is currently recruiting full-time technical staff (with different levels of experience) for its financial reporting pillar. Read the complete job description and application requirements. Read the complete news here.
Serge Pattyn a member of the EFFAS Commission on Financial Reporting (CFR) was appointed with immediate effect as the new Vice Chair of the EFRAG Financial Reporting Board (FRB) by the EFRAG General Assembly on 12 December 2022. Mr. Pattyn is a member of the Belgian Association of Financial Analysts (ABAF/BVFA) and was formerly acting…
EFFAS is delighted to announce that on 12 December 2022 the Certified ESG Analyst (CESGA) was approved under the Pilot Green and Sustainable Finance Capacity Building Support Scheme in the Hong Kong Special Administrative Region (Hong Kong) (https://www.greentalent.org.hk/) with the Programme Identification Code: GTP-260223. As announced by the Financial Secretary of the Hong Kong in…
EFRAG is pleased to announce that it submitted the first set of draft ESRS to the European Commission yesterday in its role as technical adviser to the European Commission. This first set, approved by the EFRAG SRB, supported by the EFRAG SR TEG, takes into consideration the input from the public consultation on the draft…
EFRAG is glad to report on the admission and appointments in its governance structure decided in the EFRAG General Assembly on the 15 November: Admission of CNC-CBN (Belgium) as new member organisation of the EFRAG Financial Reporting Pillar; Appointment of Wolf Klinz as EFRAG Financial Reporting Board (FRB) Chair; Appointment of Patrick de Cambourg as…
The Association of Financial and Banking Analysts in Romania (AAFBR) has elected a new Board of Directors to serve for the next two years. They have increased the number of directors by two to a total of seven by adding two more Vice President. Ms. Daniela Ropota CIIA, CESGA was re-elected for a new two-year…