ASIC and APRA move to simplify FAR reporting requirements
The Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation Authority (APRA) plan to narrow some obligations under…
17 Jun 2026
AICPA urges simpler rules for accounting method change
The American Institute of Certified Public Accountants (AICPA) has urged the US Department of the Treasury and the Internal Revenue Service (IRS) to make further revisions to the accounting method…
16 Jun 2026
CPA Australia says rate hold offers only temporary relief as cost pressures persist
CPA Australia has described the Reserve Bank’s decision to leave interest rates unchanged as a short-lived respite for borrowers, while warning that households and small businesses are still facing ongoing…
16 Jun 2026
FCA seeks stronger powers to raise fines on individuals
The UK’s Financial Conduct Authority (FCA) is proposing changes to its penalty regime to allow higher fines on individuals, following tribunal rulings that forced it to reduce sanctions, including in…
16 Jun 2026
SPP urges revamp of HMRC’s proposed inheritance tax rules for pensions
The Society of Pension Professionals (SPP) has called on HM Revenue & Customs (HMRC) to rework core elements of its proposed inheritance tax (IHT) rules for pension benefits, which will…
15 Jun 2026
ICAEW warns HMRC reporting plans will burden small firms
The Institute of Chartered Accountants in England and Wales (ICAEW) has warned that the government’s new reporting proposals for close companies will create unnecessary red tape for compliant businesses without…
15 Jun 2026
FRC seeks new members for UK GAAP advisory group
The Financial Reporting Council (FRC) in the UK has opened applications for new members to join its UK GAAP (Generally Accepted Accounting Practice) Technical Advisory Group (TAG), which advises on…