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Latest News - Regulation

The pan-European stock exchange supports Task Force on Climate-related Financial Disclosures

  • Published: 22 Mar 2018

Pan-European stock exchange Euronext, the Financial Services and Markets Authority (FSMA) in Belgium, the National Bank of Belgium (NBB) and the.... read more

KPMG Singapore launches cloud-based solution for financial institutions

  • Published: 21 Mar 2018

KPMG Singapore and Lombard Risk have launched KPMG Regulatory Integrated Solution (KRIS) to help financial institutions automate and fulfil.... read more

African regulators set up regional forum

  • Author: IAB and TA editorial
  • Published: 6 Mar 2018

Regulators from 11 African countries have set up the African Forum of Independent Accounting and Auditing Regulators (AFIAAR), with the first.... read more

The Reporting Exchange now available in simplified Chinese

  • Author: Stephanie Wix
  • Published: 6 Mar 2018

The World Business Council for Sustainable Development’s (WBCSD) Reporting Exchange, an online platform to help businesses navigate the confusing.... read more

Accountancy Europe releases position paper on sustainable finance in the EU

  • Author: Stephanie Wix
  • Published: 6 Mar 2018

Ahead of the upcoming consultation by the European Commission on the fitness of the EU corporate reporting framework, Accountancy Europe has.... read more

Hungary introduces stricter transfer pricing requirements

  • Author: IAB
  • Published: 5 Mar 2018

Hungary has implemented the OECD recommendations for BEPS Action 13 on Transfer Pricing Documentation and Country-by-Country Reporting (CbCR).... read more

Deloitte USA to pay $149m fine for mortgage lender audits

  • Author: Stephanie Wix
  • Published: 2 Mar 2018

Deloitte has agreed to pay a $149m settlement to the USA Justice Department over independent audits from 2002 to 2008 for failed mortgage lender.... read more

FCA calls for comment on tech-smart reporting

  • Author: Stephanie Wix
  • Published: 22 Feb 2018

The UK Financial Conduct Authority (FCA) has called for comment on the use of technology to improve regulation efficiency and help businesses to.... read more

OECD launches consultation on misuse of residence by investment schemes

  • Published: 20 Feb 2018

The OECD has launched a consultation on the misuses of residence by investment (RBI) schemes for tax evasion/avoidance purposes.. read more

HLB UK client survey finds broad anti-Brexit views

  • Published: 19 Feb 2018

Sixty two percent of HLB UK clients believe that the UK government is handing Brexit negotiations badly, with 46% expecting that their businesses.... read more

UK’s digital and culture secretary urges businesses and charities to prepare for stronger data protection laws

  • Published: 19 Feb 2018

Fewer than half of UK businesses and charities are aware of data protection laws four months before they come into force, according to research.. read more

Indian tax reform disrupted businesses: IFAC Survey finds

  • Published: 15 Feb 2018

Around 64% of Indians surveyed believe that the Goods and Services Tax (GST) rollout led to a disruption among the businesses community across the.... read more

Countries must strengthen tax systems to meet Sustainable Development Goals

  • Published: 15 Feb 2018

The IMF, the OECD, the United Nations and World Bank Group have called on governments to strengthen and increase the effectiveness of their tax.... read more

Businesses late on GDPR implementation

  • Author: Vincent Huck
  • Published: 14 Feb 2018

Businesses are late in implementing the EU General Data Protection Regulation (GDPR), according to EY Global Forensic Data Analytics Survey 2018.. read more

UK MPs on Carillion collapse: Big Four feasted on soon to be carcass

  • Author: Vincent Huck
  • Published: 13 Feb 2018

The UK’s Work and Pension Committee has published the responses of the Big Four to their queries on each of the firms’ involvement with Carillion.... read more

South African regulator renews CEO’s contract

  • Author: IAB and TA editorial
  • Published: 7 Feb 2018

The South African regulator, the Independent Regulatory Board for Auditors (IRBA), has renewed their contract with current CEO Bernard Agulhas for.... read more

Canadian audit regulator appoints former Deloitte managing partner as new CEO

  • Author: Stephanie Wix
  • Published: 1 Feb 2018

The Canadian Public Accountability Board (CPAB) has appointed former managing partner for leadership development and succession at Deloitte Canada.... read more

Papua New Guinea newly reconstituted standards setter reiterates IFRS adoption

  • Author: IAB and TA editorial
  • Published: 29 Jan 2018

Papua New Guinea has reconfirmed its adoption of IFRS and IFRS for SMEs as the national standards setter is reconstituted.. read more

Former PCAOB and KPMG USA staff charged for leaking inspection information

  • Author: Stephanie Wix
  • Published: 24 Jan 2018

The USA Securities and Exchange Commission (SEC) have charged six public accountants, including three former employees of the Public Company.... read more

Hong Kong to adopt independent audit oversight regime

  • Author: IAB and TA editorial
  • Published: 23 Jan 2018

The Hong Kong government has gazetted a proposed reform which if enacted would make the local Financial Reporting Council (FRC) the regulator of.... read more


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