Enhanced reporting and audit powers: A deep dive into Canada’s federal budget 2024
On 16 April 2024, Chrystia Freeland, deputy prime minister and federal finance minister, unveiled the Canadian Federal Budget for 2024-2025. This budget introduces pivotal tax measures, particularly focusing on the implementation of the Crypto-Asset Reporting Framework (CARF) and modifications to the Common Reporting Standard (CRS), which are set to be enforced from 2026.
Navigating CSRD compliance: Mastering the gap analysis process
The Corporate Sustainability Reporting Directive (CSRD) represents a significant shift in corporate governance, requiring over 50,000 companies to disclose their sustainability practices transparently. This initiative aims to integrate sustainability into the strategic core of businesses, enhancing transparency across the European Union.
Banking sector tops consumer trust for cybersecurity, research finds
Research from CybSafe has unveiled that consumers place the highest trust in the banking industry when it comes to safeguarding sensitive data.
FSB Asia highlights urgency for climate-focused financial stability measures
Financial Stability Board (FSB) Regional Consultative Group for Asia (RCG Asia) convened in Colombo today, addressing crucial financial concerns and exploring avenues for bolstering regional financial stability.
CASE merges with CyberKinetics to boost national security cloud offerings
CASE, a provider of software and cloud engineering services to the U.S. intelligence community and CyberKinetics have merged.
New partnership between Finastra and ScotPayments aims to minimise payment fraud
Finastra, a leading global provider of financial software applications and marketplaces, has partnered with ScotPayments, a centralised payments platform enhancing public service digital transformation in Scotland.
Signicat leads digital identity innovation with mojeID Poland integration
Signicat, a pioneering pan-European digital identity company, and mojeID Poland, an authentication service widely used in Poland, have formed a significant partnership.
PSR charts course for enhanced oversight in financial landscape
The PSR has called for views on its envisioned supervisory strategy, marking a step in bolstering the integrity and resilience of the payment systems landscape.
Sustainable Sukuk market guidance launched by ICMA, IsDB, and LSEG
Leaders in sustainable finance, including the ICMA, the IsDB, and the LSEG have jointly published new guidance on the issuance of sustainable sukuk.
TaxBit bolsters digital asset compliance efforts with investment
TaxBit has secured a strategic investment from IQT a strategic investor for the U.S. national security community and America's allies.
