Tag Archives: reporting

ABA Urges Flexibility for Investment Fund Reporting

In a comment letter last week, ABA offered feedback on the CFA Institute’s proposed changes to the Global Investment Performance Standards, a voluntary disclosure regime for investment managers. GIPS disclosures are used by some banks to report on the investment performance of bank-sponsored collective investment funds. The proposed amendments, known as GIPS 2020, would go into effect January 1, 2020 ...

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SEC Seeks Comment on Frequency of Financial Reports

The Securities and Exchange Commission yesterday sought comment on the current regime of quarterly financial reporting for public companies, including potential duplication between Forms 10-Q and 8-K, as well as whether the agency should provide companies with greater flexibility in scheduling their periodic reporting.

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Climate-Related Disclosures Task Force Issues Status Update

A task force of the Basel, Switzerland-based Financial Stability Board has issued a status update on its efforts to develop voluntary financial disclosures related to climate change, which could affect banks both as preparers and as users of public disclosures.

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