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Hungary’s Ask for Help! Programme Wins European Crime Prevention Award (ECPA)

Hungary’s Ask for Help! programme raising awareness to bullying and violence among minors and promoting ways of prevention has won the main prize of the European Crime Prevention Network (EUCPN), the communications director of Hungary’s National Crime Prevention Council said on Monday.

International regulators recommend use of remote inspections as complementary tool beyond pandemic

Remote inspections have been useful in maintaining regulatory oversight during the COVID-19 pandemic, but cannot fully replace on-site inspections as some inspection techniques cannot be replicated in a remote setting. A remote approach could, nevertheless, become an important complementary inspection tool for regulatory authorities, also in post pandemic times. The full extent of its use […]

ESRB publishes its assessment of IFRS 17 from a financial stability perspective

The European Systemic Risk Board (ESRB) has today published a report assessing the financial stability implications of International Financial Reporting Standard (IFRS) 17, the new accounting standard for insurance contracts. IFRS 17 has recently been adopted by the European Union (link) and EU insurers are required to apply it from 1 January 2023 onwards.