Blog
IRS Guidelines on Taxing Crypto Staking Rewards
IRS guidelines on crypto staking rewards impact financial institutions. Valuation challenges, compliance efforts, and opportunities arise in this evolving landscape. Swift action is essential to adapt and thrive.
UK's Data Protection Framework Reform
UK data protection reform will reshape the digital landscape for financial institutions in the EU and UK. Challenges & opportunities arise with proposed Digital Information Bill. Future of digital trade and privacy is at stake.
SASB Standards: Introduction of IFRS S1 and IFRS S2 Disclosures
Financial world shifts with ISSB IFRS S1 and IFRS S2 Sustainability Disclosure Standards. Harmonizing global approaches, they offer guidance on risks, opportunities, and climate disclosures. Preparation is key for convergence towards high-quality sustainability disclosures.
Digital Services Act and Digital Markets Act Application
The EU's digital regulation aims for a unified digital single market, fostering cross-border e-commerce and fair competition. Challenges include limited customization and stricter rules for businesses. Adaptation and proactive compliance are key for financial institutions.
IFRS 15 Implementation
The European Financial Reporting Advisory Group (EFRAG) is conducting an extensive review of IFRS 15 - Revenue from Contracts with Customers. It may lead to targeted guidance and impact financial institutions. Prepare for potential changes. Stay informed and adaptive for compliance.
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