IFRS

FINMA’s new Public Disclosure rules pose challenges for insurers

Beginning in financial year 2016, Swiss insurance companies will have to meet new minimum disclosures requirements. The rules – set out in the FINMA circular 2016/02 "Offenlegung Versicherer" – are part of the Swiss regulators’ ongoing policy of bringing Swiss supervision into line with its European Union peers under the Solvency II equivalence framework.
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IFRS 16 Leases – the mystery of transition reliefs and their impact on Swiss financial institutions

In the past, we have seen Swiss financial institutions selling their office buildings to investors and leasing them back. With IFRS 16, lessees will now bring most leases on balance sheet. For this reason, financial institutions have to recognize a right-of-use (ROU) asset.
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IFRS 9 aus Sicht der Industrieunternehmen

Der Standard IFRS 9 "Finanzinstrumente" tritt für Geschäftsjahre beginnend am 1. Januar 2018 in Kraft. Industrieunternehmen sind von den neuerlichen Diskussionen des IASB über einen möglichen Aufschub des Inkrafttretens des Standards nicht betroffen. Was müssen Industrieunternehmen tun, um eine möglichst reibungslose Einführung zu gewährleisten?
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IFRS 16 Leases – Impact on financial institutions

As leasing is an important and flexible measure of financing, e.g. of the rental of an office building, the new leases standard IFRS 16 will improve the transparency and comparability of information on off-balance sheet leases by bringing them onto the balance sheet.
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Neuer Standard zur Leasingbilanzierung – was sind die Auswirkungen?

Das International Accounting Standards Board (IASB) hat am 13. Januar 2016 den Rechnungslegungsstandard IFRS 16 Leases veröffentlicht. Kerngedanke des neuen Standards ist es, beim Leasingnehmer generell alle Leasingverhältnisse und die damit verbundenen Rechte und Verpflichtungen in der Bilanz zu erfassen.
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Unpacking IFRS 4 Phase 2: New Insurance Contract Standard

While the publication date of the forthcoming insurance contracts standard, IFRS4 Phase 2, is not yet known, the majority of its requirements related to the building block approach have been tentatively agreed on by the International Accounting Standard Board (IASB), including the detailed and complex presentation and disclosure requirements.
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