• Meeting of the International Accounting Standards Boards

    On 25 January 2022, the IASB will meet for a video conference

    The agenda of the IASB's video conference on 25 January 2022 includes the topics:

    •  Work plan
    •  Maintenance and consistent application
    •  Primary Financial Statements
    •  Business Combinations Under Common Control
    •  IFRS Taxonomy Update—Initial Application of IFRS 17 and IFRS 9―Comparative…
  • Sustainability in the German insurance industry

    Detailed report (attachment to BaFinJournal 01/2022)

    The topic of sustainability is on everyone's lips and has become unavoidable, for private individuals as well as for all economic participants. This is especially true for an industry that can set a clear example with its investment volume. But sustainability risks will also play an increasingly important role for the liabilities side of…

  • Second Risk Dashboard for 2021

    ESMA continues to see risk of market corrections amid elevated valuations

    The ESMA publishes the second Risk Dashboard for 2021, covering the third quarter of the year. ESMA maintains risk levels unchanged, at a high level, as the market environment remains defined by very high uncertainty, continued elevated asset valuations with risk of price corrections and abrupt shifts in risk premia.

    Please find the…

  • IFRS Webcast on the TRWG recommendations

    Explanation of the recommendations of the Technical Readiness Working Group

    The IFRS Foundation has published a webcast explaining the recommendations of the Technical Readiness Working Group (TRWG) that have been submitted for consideration by the International Sustainability Standards Board (ISSB).
    The webcast includes a closer look at the role of the TRWG, an explanation of the recommended architecture of the…

  • Netherlands’ position on effective consumer and investor protection

    AFM and the Dutch Ministry of Finance publish a joint non-paper

    The AFM and the Dutch Ministry of Finance published the joint non-paper "The Netherlands’ position on effective consumer and investor protection to stimulate long term retail investment", supporting the European Commission's efforts to improve private investors' access to capital markets and to future-proof laws and regulations.

    In the…

  • IASB meeting

    International Accounting Standards Board meeting from 14 - 16 December 2021

    International Accounting Standards Board meeting from 14 - 16 December 2021 deals with the topics

    •  Financial Instruments with Characteristics of Equity
    •  Rate-regulated Activities
    •  Maintenance and consistent application
    •  Primary Financial Statements
    •  Business Combination under Common Control…
  • ESRB risk dashboard

    38th edition of the ESRB Risk Dashboard published

    On 09 December, the ESRB publishes the 38th edition of the Risk Dashboard.

    The ESRB Risk Dashboard consists of a set of quantitative and qualitative indicators of systemic risk in the EU financial system. It is published quarterly, one week after its adoption by the General Board, and is accompanied by an overview note explaining the…

  • Sustainability and climate change

    AAE publishes its position

    In its statement the AAE is deeply concerned about the effects of the climate crisis endangering mankind and imposing unprecedented risks for all economic sectors and in particular for insurance, reinsurance and finance.

    Please find the position…

  • 2021 Resolution Report

    Resolution Report marks 10 years since the adoption of the FSB’s Key Attributes of Effective Resolution Regimes

    This year’s Resolution Report commemorates the tenth anniversary of the FSB Key Attributes of Effective Resolution Regimes for Financial Institutions (“Key Attributes”) and takes stock of progress made in implementing FSB resolution policies and enhancing resolvability across the banking, financial market infrastructure, and insurance sectors.…

  • Spotlight on Markets Newsletter

    ESMA published its latest edition of its Newsletter

    The European Securities and Markets Authority has published the latest edition of its newsletter Spotlight on Markets. The newsletter focuses on the preliminary report on the EU carbon market and ESMA's contribution to a more sustainable financial system.