New BDO IFR Bulletins Available - ESMA’s21st Extract from the EECS’s Database of Enforcement

Now available from the BDO Global website is a new BDO IFR Bulletin: IFRB 2017/12 ESMA’s 21st Extract from the EECS’s Database of Enforcement

This IFRB summarises the enforcement decisions published by the European Securities and Markets Authority (ESMA) recently in its 21^st extract from the European Enforcers Co-ordinations Sessions (EECS’s) Database of Enforcement.   Decisions that taken by national enforcers that were dealt with in the extract published, were as follows:

1. Country risk premium in the impairment test of oil and gas assets;
2. Assessment of joint control;
3. Valuation and use of the equity method for participating interests with restrictions;
4. Assessment of joint control;
5. Restatement of comparative amounts;
6. Disclosures on a reverse factoring transaction;
7. Assessment of control over investment funds;
8. Disclosure of unobservable inputs in fair value measurement;
9. Recognition and measurement of the proceeds from an arbitration agreement;
10. Impairment test of trademarks;
11. Recognition of deferred tax assets for carry forward of unused tax losses; and
12. Definition of ‘economic environment’ and separation of foreign currency embedded derivatives in a power contract.

The IFRB can be downloaded from the BDO Global web site here.