Posts Tagged ‘IFRS 9’

Hedge Accounting: 3 Key Benefits of IFRS 9

By Jacqui Drew, Director Solution Consulting at Reval IFRS 9 is changing hedge accounting forever. A recent Reval survey shows that 70% of finance teams say that they have or will implement new hedging strategies as a result of the new standard.  Still, adoption is happening at a different pace around the world. Early adopters…

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Wake-up Europe, Time to Quick-Start IFRS 9 Initiatives

EU Endorses IFRS 9 The wait is over. Finally, the European Commission endorsed IFRS 9: Financial Instruments on 22 November 2016, and companies in the EU have a lot of catching up to do. The replacement of IAS 39 will become effective for financial years beginning on or after 1 January 2018. Since the final…

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CLP Wins CFO Innovation Award for Excellence in Treasury Management Transformation

Hong Kong- 9 December 2016-CLP Holdings Limited (CLP) has won a CFO Innovation award for Excellence in Treasury Management Transformation, recognising the Group’s success in modernising its treasury management practices with early adoption of a new international financial reporting standard. Francis Ho, Senior Director – Group Treasury and Project Finance of CLP, said, “We place…

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IFRS 9, Cyber Security and Section 385 Lead Treasury News for November 2016

EU Endorses IFRS 9 Finally, the EU ratified IFRS 9 late November. All corporations reporting under IFRS should kick off their IFRS 9 implementation projects now, as the European Commission endorsed International Financial Reporting Standard (IFRS) 9, Financial Instruments. The reporting standardbecomes mandatory for years beginning on or after January 1, 2018. The replacement of…

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Companies ‘must move fast on IFRS 9’

GTNews Companies have little time left in which to begin hedge accounting technology projects, now that the European Commission (EC) has endorsed International Financial Reporting Standard (IFRS) 9, says Reval. Click here for details >>

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EU Endorses IFRS 9, Companies Can No Longer Delay Action Says Reval

Little time left to kick off hedge accounting technology projects London, 28 November 2016 – With International Financial Reporting Standard (IFRS) 9, Financial Instruments, now endorsed by the European Commission, all companies reporting under IFRS that want to implement hedge accounting compliance technology should now have projects underway, advises Reval, a global SaaS provider of…

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Reval Recommends: Top 10 Treasury Articles in August/September 2016

It’s hard for treasurers to keep up with regulatory change. The proposed regulation 385 is challenging treasuries in multi-national corporations, as the new rules could have negative effects on intercompany loan management. At the moment, most treasuries are still trying to understand what the impact on their treasury operations would be. Good reads to better…

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Treasurer’s Top 5

As markets continue to be volatile, treasury and finance professionals are challenged to handle uncertainty on a daily basis. We have compiled a shortlist of the top 5 downloads from Reval’s thought leadership platform to help you implement treasury and risk management best practices, and remain up-to-date with changes in the regulatory environment. Start reading…

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10 Fundamental Questions Every Risk Manager Should Review

As a risk manager one of your primary responsibilities is the managing and hedging of enterprise-wide exposures. Although day-to-day operations keep you busy, there are 10 fundamental questions every risk manager should review from time to time. The first five questions are related to exposure management: 1. When last was our risk management policy updated? Should…

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