Abacus Trust Group’s Post

The U.S. Treasury clearing mandate brings unprecedented change to documentation and operational frameworks.  By end-2025, firms must navigate multiple clearing models, master new documentation suites, and implement significant operational changes.  With ISDA mapping 13 different clearing access models and SIFMA developing clearing agency-agnostic documentation, the key to success lies in strategic preparation and experienced implementation. Read more in this recent article from Factor’s Tom Reynolds: https://lnkd.in/eGV_bcyw

🔎 What was new for Financial Services firms operating in the UK in Q3 2024? We have provided key insights and expert analysis on the latest regulatory developments, including: 🔵 Analysis of the Basel 3.1 final rules for Credit Risk and Output Floor 🔵 Considerations for insurance firms when managing reinsurance counterparty risk. 🔵 Challenges and strategies for effective outsourcing governance in asset management firms. 🔵 Why the Construction Industry Scheme (CIS) also applies to financial services firms. Find out more in our latest newsletter ➡ https://lnkd.in/ed9zRJw2 #FinancialServices #Regulatory #Insights #Banking #Insurance #AssetManagement

In our latest quarterly UK FS regulatory affairs newsletter, we set out key insights and expert analysis on the latest regulatory developments for FS firms operating in the UK

Securitization markets play a pivotal role in global #finance. This is why we believe at the IIF that dialogue with the #regulatory community is essential, focusing on understanding whether the current regulatory regime, while ensuring #financialstability, also fosters an efficient operation of these markets. In a new letter, we respond to the FSB consultative report on securitization. While we commend the FSB for the work it is doing in this important area, we underscore the importance of adequately considering factors such as market depth, liquidity and the broader pool of financing options and tools as sources of financial stability. We also encourage authorities to continue the analysis of important issues impacting and constraining markets, and recommend that the FSB continue more detailed analysis together with the Basel to review the prudential factors that are also constraining securitization activities. Read our full response here: https://lnkd.in/eH5sq2d6

#Amendmet Financial Instruments ✍️ #IASB has issued narrow-scope ammendment to #IFRS_9 and #IFRS_7, related to derecognition of #Financial #Liabilities. The ammendments clarify when a financial liability should be derecognised in case of electronic payments. The ammendment allows financial liabilities to be derecognised before settlement date if the following criteria are met: - Entity has no practical ability to withdraw, stop or cancel the payment instruction; - Entity has no practical ability to access the cash to be used for settlement as a result of the payment instruction; and - The settlement risk associated with the electronic payment system is insignificant. This exemption would mean that an entity could derecognise their financial liability upon initiating payments rather then at time when the payment has been processed, if the above criteria are met. The ammendment is applicable for reporting periods beginning on or after January 2026, with earlied adoption being permitted. #IFRS #IASB #Financial Reporting #IFRS9 #IFRS7 #Financiallnstruments

Dear Friends, many investor despite having losses from share market transactions remain confused with the query whether they need to report such transactions in their ITR despite there being losses. This short is an answer to the query. #sharemarket #sharemarkettips #capitalgainstaxsolutions #incometax #incometaxreturnfiling #itr #itrfiling #itr2024 #taxoncapitalgaintransactions #capitalgaintax

A personal request - for Academic purposes I am writing this post to conduct a survey purely for academic purposes. This is regarding the importance of disclosures when investing in mutual funds. This survey is India-focused. For those who are outside India, feel free to reach out to me with any information that you may wish to share regarding mutual funds in different domiciles. https://lnkd.in/dzsvDMPd Feel free to circulate this amongst your families, friends, and anyone else who you think can provide input to this. Thanks much in advance Krish Thanks much in advance #mutualfunds #amc #investors #compliance #amfi #risk #fundsmanagement #MF #assetmanagement #mumbai #nism #learninganddevelopment #universityofmumbai #distributors #SIP #NFO #IPO #SEBI #research #bengaluru #chennai #NCR #nsdl #cdsl #training #bse #nse

Financial Accountability Regime 2023 - An Update The Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) have published new information to help insurers and superannuation trustees prepare for the commencement of the Financial Accountability Regime (FAR). The FAR already applies to the banking industry, and takes effect for the insurance and superannuation industries from 15 March 2025. It imposes a strengthened responsibility and accountability framework to improve the risk governance cultures of APRA-regulated entities, their directors and most senior executives. To view the Financial Accountability Regime Act 2023 in digital form, head to regulationcity.com. https://lnkd.in/guCwKn52

SEBI mandates 15-day record date for interest/dividend payments, debenture trustee due diligence certificates, web-links for financials in offer docs. http://dlvr.it/T9W2bk #SEBI #CorporateGovernance #CapitalMarkets #Compliance #Regulations

Dear Law Firms Partners, CFOs and Treasurers you are now facing facing these challenges. (i)Lack of Predictability (ii)Lock-Up increase (iii)Variations in financing structures and reliance on partner capital vs. external funding. (iv)The need for more streamlined financial operations and integration with existing systems. The Kyriba liquidity platform can provide you with better #visibility, #control, and #efficiency in managing your financial #operations. By addressing key areas such as #liquidity management, #financing optimization, #compliance with regulatory changes, and international financial management, #Kyriba can help you mitigate the challenges highlighted and improve your financial health.