The European Commission (EC) has adopted the consolidated text of all International Financial Reporting Standards (IFRS) in force in the European Union (EU). The consolidated version puts together all IFRS endorsed to date, including the latest amendments endorsed on 15.10.2008. It will enable stakeholders to refer to only one single legal document. This is an important element of the EC simplification programme aimed at reducing the administrative burden on EU businesses. Internal Market and Services Commissioner, Charlie McCreevy, said: “The consolidated text will make a practical difference to IFRS users in the EU, who can now refer to one single document in their own language, and to EU businesses, whose administrative burdens will be reduced. It is an important part of the Commission’s simplification programme and an important practical step in making EU legislation accessible to businesses and citizens.”
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more