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Monday, September 08, 2008
The Financial Services Authority (FSA) in the UK has issued a consultation paper proposing Handbook changes that are required to implement aspects of the Payment Services Directive (PSD). The PSD requires countries in the European Economic Area (EEA) to regulate payment services, including for exam.....
Monday, September 08, 2008
The Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) has announced the publication of its Report on issues regarding the valuation of structured credit products. This report has been prepared in response to a request by ECOFIN set out in its October 2007 roadmap on the.....
Monday, September 08, 2008
The Financial Regulator has published amended Prospectus Rules (the Prospectus Rules) under section 51 of the Investment Funds, Companies and Miscellaneous Provisions Act, 2005. The amendments made to the current Prospectus Rules are part of an on-going process of refining and developing the prospe.....
Monday, September 01, 2008
The U.S Securities and Exchange Commission has unanimously agreed to a series of steps that could lead to the required use of IFRS by U.S. issuers by 2014.The SEC vote, which came at its regularly scheduled meeting, included allowing for the early adoption of IFRS by 110 of the largest publicly hel.....
Friday, August 29, 2008
Regulations were published this afternoon which obliges companies dealt with by Large Cases Division, and a number of State Agencies, to pay their taxes and file their returns through ROS from 1 January 2009.SI No 341 of 2008 gives effect to TCA97 s917EA, which has been sitting on the statute books.....
Friday, August 29, 2008
New rules introduced in the FA08 enable UK resident individuals who acquired a holiday home abroad through a company to claim exemption from the BIK tax charge for 2008-09 in respect of personal use of the property; and to apply for a refund if they can show that they have paid such tax in previous.....
Friday, August 29, 2008
S.I. No. 339 of 2008 extends the electronic filing provisions to VAT eServices Returns and VIES Statements. The regulations are made in accordance with section 917E TCA97. The 25th day of August 2008 is the appointed day in relation to returns and statements.eServices are electronically supplied se.....
Friday, August 29, 2008
ICAI has recently responded to two consultations from the Department of Enterprise, Trade and Employment on issues associated with the transposition of certain Articles of the Statutory Audit Directive (revised 8th Company Law Directive). Click on the relevant representation below to view.Directive.....
Friday, August 29, 2008
ICAI has recently submitted comments on the second draft report of the U.S. Department of the Treasury's Advisory Committee on the Auditing Profession. The comment letter can be viewed here. The second draft report of the Committee is available at http://www.treasury.gov/offices/domestic-finance/ac.....
Friday, August 29, 2008
The Financial Reporting Council has this week published a Consultation Paper setting out its proposals to revise the Guidance for Directors of Listed Companies on Going Concern and Financial Reporting. The Listing Rules of the Financial Services Authority and the Irish Stock Exchange require the an.....