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Joint Forum report on financial disclosure

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01 Jun 2004

The Joint Forum has published a report, Financial Disclosure in the Banking, Insurance and Securities Sectors: Issues and Analysis examining the progress to date by regulators and other standard-setters in the area of financial disclosures and the progress made by financial firms in adopting certain enhanced disclosure recommendations published in 2001. The Joint Forum was established in 1996 by the Basel Committee on Banking Supervision, the International Organization of Securities Commissions, and the International Association of Insurance Supervisors to deal with issues common to the banking, securities, and insurance sectors.

The report notes that a number of IASB projects are expected to improve disclosures by financial firms, including Financial Risk Disclosures, IFRS 4, and Insurance Contracts Phase II. Click to download:

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