Technical roundup 18 January

Developments of interest this week are set out below. 

Ireland                 

• IAASA has published summary information of its financial reporting enforcement activities undertaken during 2017.
• The CRO have issued their regular gazette.

UK

• The Financial Reporting Council (FRC) has launched a consultation on changes to Third Country Auditors (Fees) Instrument.

European

• The European Supervisory Authorities (ESAs) have announced a multilateral agreement on the exchange of information between the ECB and AML/CFT competent authorities.
• The Technical Expert Group on Sus­tain­able Finance set up by the European Com­mis­sion (EC) has published its first report on companies' dis­clo­sure of cli­mate-re­lated in­for­ma­tion.

International

• At its upcoming meeting, the International Accounting Standards Board (IASB) will discuss 5 of the 25 concerns regarding IFRS 17 'Insurance Contracts' that were iden­ti­fied in October 2018 as can­di­dates for potential amend­ments.