Capital Markets Yearbook 2024 Press Release 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 2024, Enrico Letta, in his report “Much more than a market” proposed the creation of a Savings and Investments Union. Capital Markets…
EFRAG Conference 2024: Programme Available – Registrations Open 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. For more information [here] …
Joint EFRAG-IASB Educational Session on IFRS 19 Subsidiaries Without Public Accountability On 2 December 2024, EFRAG and AISB are organising an interactive session on IFRS 19 and its impact on subsidiaries without public accountability. For more information [here] The event will cover: Introduction to IFRS 19 and its requirements. EU perspective on its application. Panel discussions with preparers…
EFRAG and European Commission Present Legal Framework and Standard-Setting Approach for ESRS for Non-EU Groups – Webinar Recording Available The recording and presentation slides of the webinar on ESRS for Non-EU Groups are now available for access. Presentation Slides [here] For more information [here] On 19-20 November 2024, EFRAG and the European Commission presented the legal framework…
EFRAG Publishes Discussion Paper on the Statement of Cash Flows 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…
EFRAG Publishes Final Comment Letter on IASB ED – Proposed Amendments to IAS 21 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…
Call to join EFRAG in Advancing Sustainability Reporting 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…
EFFAS Groundbreaking Recognition by HKMA Frankfurt am Main, November 25th, 2024 — EFFAS is proud to announce a landmark achievement for its Certified ESG Analyst (CESGA) qualification. The Hong Kong Monetary Authority (HKMA) has granted CESGA three modular exemptions under its Enhanced Competency Framework on Green and Sustainable Finance (ECF-GSF). These exemptions span both QF…
EFRAG Calls for New Members of its EFRAG Rate-regulated Activities Working Group EFRAG is renewing its Rate-regulated Activities Working Group (EFRAG RRAWG) to support the endorsement process for a new IFRS Accounting Standard on regulatory assets and liabilities, expected to be published in late 2025. The group is seeking additional members, particularly from preparers and…
EFRAG Seeks Stakeholders’ Comments on Its Draft Endorsement Advice on IFRS 18 Presentation and Disclosure in Financial Statements EFRAG has published its Draft Endorsement Advice (DEA) on IFRS 18 Presentation and Disclosure in Financial Statements and invites stakeholders to submit comments by 26 March 2025. Objective of IFRS 18IFRS 18 aims to improve the usefulness…