Financial reporting of European banks H1 2023
Expected credit losses of banks in Europe in a troubled macroeconomic environment – Irish context
Insurance regulation newsletter - Issue 4
The Mazars insurance regulation newsletter provides a flavour of the latest developments that insurers should be aware of.
As we enter 2023, if there is a single word to summarise the current focus of regulators, that word is ‘resilience’. Between climate change, digitalisation, macroeconomic volatility, geo-political developments, and the post-COVID-19 ‘new-normal’, both the CBI and EIOPA are placing high demands on the (re)insurance industry to ensure it remains resilient in the face of unprecedented challenges.
Our newsletter covers important updates from the CBI and EIOPA, plus all the latest developments across the industry, including:
- CBI assessment of key sectoral risks.
- Resilience, recovery and resolution.
- Inflation.
- Climate change.
- The cost of insurance: domestic focus Consumer protection: cross-border focus.
Insurance regulation newsletter - Issue 4
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Beyond the GAAP no.180 - September 2023
In mid-September, the European Commission (EC) launched a consultation on a draft delegated act that proposes to increase by 25% the size criteria set out in the Accounting Directive to classify undertakings and groups into different categories (micro, small, medium and large), in order to reflect inflation over the past ten years.
Beyond the GAAP no.179 - June - August 2023
On 31 July, only three weeks after the end of the public consultation on the draft delegated act, but a month behind the schedule set by the Corporate Sustainability Reporting Directive (CSRD), the European Commission adopted the final regulation on the first set of European Sustainability Reporting Standards (ESRS), after making a few last-minute changes based on the responses (more than 600)...
Contact
Rob Hamill Partner, Audit & Assurance - Dublin
Martina Mahon Partner, Audit & Assurance - Dublin
Gary Stakem Director, Actuarial & Risk - Dublin
Ciara Browne Director, Actuarial & Risk - Dublin
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