Новости

Ireland doesn’t need external support any longer

Irish minister for Europe affairs Dick Roshe announced that the country’s government would not apply to the International Monetary Fund for financial support. “We are in a much better place than other countries who had the IMF bailout”, - he said at one of the central television’s channels.

SEC and CESR Members announce efforts to continue close cooperation as national securities regulators implement new regulatory reform initiatives

Securities and Exchange Commission (SEC) and the Committee of European Securities Regulators (CESR) today convened a high-level meeting between SEC Chairman Mary L. Schapiro, CESR Chairman Carlos Tavares, and the Chairmen of 29 CESR member regulators, in Paris, to discuss regulatory reform efforts in the United States and the European Union.

EFRAG extends comment period on Financial Statement Presentation

EFRAG has extended the comment period on its paper on the IASB’s staff draft of the ED Financial Statement Presentation until 30 April 2011.

UN bodies delay implementation of global accounting standards

The United Nations has delayed the shift to international accounting standards to 2012 though it was supposed to have started in 2010 while the UN secretariat said it would implement it from 2014.

Quality of Russia’s banking system will be increased at quantity’s expense

The Cenral Bank of Russia and the Ministry of Finance plan to decrease risks discovered in the banking system during the crisis by preventing illegal schemes and forcing smaller players out of the market.

Switzerland will keep bank secrecy in exchange for taxes

Switzerland and Great Britain reached a very important agreement concerning taxation of deposits of British customers in Swiss banks, informs The Financial Times. This Monday’s agreement will allow Swiss banks to keep their commercial secrets and other countries – to have their taxes paid.

US and UK market regulators discuss audit firm oversight

The Financial Services Authority and the US watchdog the Securities and Exchange Commission held a meeting in London yesterday to discuss issues of common concern, including the oversight of audit firms.

FASB and IASB Play Tag Team

Financial Accounting Standards Board acting chair Leslie Seidman and International Accounting Standards Board member John Smith gave a fast-paced rundown of where the two boards stand on their various convergence projects, and the overall message seemed to be, “We’re listening to you, folks”.

Portugal may apply for financial support

There is a very high risk that Portugal may apply for emergency financial support because in the EU, there are now growing concerns for spreading of the debt crisis.

Better control mechanisms for Russia’s energy under development

The government of Russia is seriously worried by security of energy supply – this question will be discussed during the next meeting of the Security Council under the chairmanship of Dmitry Medvedev.