work

Responses

Please find below an archive of our responses to proposed regulatory and accounting standards changes. The advocacy committees base responses on feedback direct from members and other CFA UK relevant committees.

Date:

Response title:

Response to: 

Topic:

Feb-17

CFA UK response to Asset Management Market Study Interim Report MS15/2.2

FCA Consultation

Asset Management

Feb-17

Response to Green Paper (Nov 2016) - Corporate Governance Reform 

Department for Business, Energy & Industrial Strategy

Corporate Governance 

Jan-17

Response to Consultation CP16/29 – Markets in Financial Instruments Directive II Implementation  

Consultation Paper III Response to FCA Topic 

MIFID

Sep-16

Response to Discussion Paper on 21st Century Trusteeship and Governance

Response to The Pensions Regulator Topic

Pensions

Jul-16

CFA UK Response to FCA Consultation DP16-3 on UK IPO process

FCA

Financial Statements

Jun-16

CFA UK Response to HM Treasury on diversity in the investment profession

HM Treasury

Diversity

Apr-16

CFA UK Response to EC consultation on non-financial reporting guidelines

EC

Mar-16

CFA UK Response to EC consultation on long-term and sustainable investment

EC

Mar-16

CFA UK Response to IASB on Application of Materiality to Financial Statements

IASB

Financial Statements

Jan-16

Response to IASB on IAS7 Net debt

IASB

Financial Statements

Jan-16

CFA UK Response to IFRS Foundation Review

IASB

Financial Statements

Jan-16

CFA UK Response to IASB Agenda Consultation

IASB

Financial Statements

Jan-16

CFA UK Response to Conceptual Framework

Financial Reporting Council

Financial Statements

Jan-16

CFA UK response to FCA Asset Management Market study

FCA

FCA

Apr-15

EC consultation on Capital Markets Union

EU Commission

Financial Reporting

Mar-15

IASB consultation regarding debt reconciliation

IASB

Financial Reporting

Feb-15

Fair and Effective Markets Review

FCA

Dec-14

EFRAG consultation regarding Acquisition Step-ups

Financial Reporting

Nov-14

Consultation on the impact of IFRS in the EU

Financial Reporting

Nov-14

IOSCO Statement on Non-GAAP Financial Measures

Financial Reporting

Sep-14

Accounting for Dynamic Risk Management: a Portfolio Revaluation Approach to Macro Hedging

Hedge Accounting

Sep-14

Wholesale sector competition review – Call for inputs

FCA

Competition

Aug-14

Response to CP14/12: Removing the Transparency Directive’s requirement to publish interim management

FCA

IMS

Aug-14

Response to discussion paper: Should goodwill still not be amortised?

European Financial Reporting Advisory Group

Disclosure for goodwill

Jul-14

Response to consultation: Revised IASB Exposure Draft (ED) Leases

European Financial Reporting Advisory Group

Leases

Jun-14

Local Government Pension Scheme: Opportunities for collaboration, cost savings and efficiencies

Department for Communities and Local Government

Local Government Pension Scheme

Jun-14

Review of enforcement decision-making at the financial services regulators: call for evidence

HM Treasury

Enforcement Review

May-14

CFA UK response to proposed revisions to the UK Corporate Governance Code

FRC

Corporate Governance

May-14

Post-implementation review – IFRS 3 Business Combinations

IASB

IFRS

Apr-14

CFA UK response to ESMA guidelines on alternative performance measures

ESMA

Alternative Performance Measures

Mar-14

Dealing Commission and Market for Research

FCA

Dealing Commission/Research

Mar-14

Lambert Banking Standards Review

Banking Standards Review

Banking Standards

Jan-14

CFA UK proposal to raise fees from the industry

Fees & levies (CP 13/1)

FCA

Jan-14

CFA UK response to IASB conceptual framework discussion paper

IASB

Financial Reporting

Jan-14

Fiduciary Duties of Investment Intermediaries

Law Commission

Fiduciary Duty

Sep-13

Local Government Pension Scheme call for evidence

Department for Communities and Local Government

Local Government Pension Scheme

Jun-13

CFA UK response to IASB ED ‘Financial Instruments: Expected Losses'

Financial Analysis and Reporting Committee (FRAC)

IASB

Jun-13

CFA UK response to Fiduciary Duty

Law Commission

Fiduciary Duty

May-13

CFA UK response - PCAW Whistleblowing

Public Concern at Work (PCAW)

Whistleblowing

Apr-13

CFA UK response to ‘Prudence is Missing’ by UKSA

Financial Analysis and Reporting Committee (FRAC)

UK Shareholders Association (UKSA)

Apr-13

CFA UK fees and levies 2013

FCA

Fees & Levies

Mar-13

CFA UK response to FRC’s proposed ISA 700 revisions

FCA

ISA Reporting Standards

Mar-13

CFA UK response to IFRS 9 amendments

IFRS

IASB

Mar-13

CFA UK response to FCA paper on Transparency (DP 13/1)

FCA

Transparency

Mar-13

Letter to Her Majesty's Treasury - Foresight: The Future of Computer Trading in Financial Markets

Department for Business, Innovation & Skills

Computer Trading in Financial Markets (HFTs/AT)

Mar-13

CFA UK response to Statutory Audit Services Market Investigation

Competition Commission

Statutory Audit Services Market Investigation

Mar-13

CFA UK response to the Parliamentary Commission on Banking Standards

Parliamentary Commission on Banking Standards

Banking standards

Feb-13

Journey to the Financial Conduct Authority

Financial Services Authority

FCA

Feb-13

The Regulation and Supervision of Benchmarks (Libor) (CP 12/36)

Financial Services Authority

Libor

Feb-13

Implementation of the Alternative Investment Fund Managers Directive (AIFMD) (CP 12/32)

Financial Services Authority

Alternative Investment Fund Managers Directive

Jan-13

CFA UK response to FRC paper on improving disclosure in financial statements

FRC

Financial Statements

Dec-12

CFA UK response to IFRS 8

IFRS

Financial reporting

Nov-12

CFA UK response to European Market Infrastructure Regulations (EMIR) (CP12/22)

Financial Services Authority

European Market Infrastructure Regulations (EMIR)

Nov-12

CFA UK response Kay Review Final Report

Department for Business, Innovation & Skills

The Kay Review of UK Equity Markets

Sep-12

CFA UK response IASB request for feedback on Revenue Recognition

IASB

Revenue Recognition

Sep-12

Parliamentary Commission on banking standards

Parliamentary Commission on Banking Standards

Banking standards

Aug-12

CFA UK response IASB Staff letter on impairment

IASB

Impairment

Jun-12

Financial Reporting Council Consultation: Stewardship Code

Financial Reporting Council

Stewardship

Jun-12

Financial Reporting Council Consultation: Code for Corporate Governance

Financial Reporting Council

Corporate Governance

Apr-12

Kay Review Interim Report

Department for Business, Innovation & Skills

The Kay Review of UK Equity Markets

Apr-12

Amendments to the Listings Regime (CP12/02)

Financial Services Authority

Listings Regime

Mar-12

Revenue from Contracts with Customers

International Accounting Standards Board

Revenue Recognition

Mar-12

Kay Review Interim Report

The Kay Review of UK Equity Markets

Equity Markets

Feb-12

Treasury Select Committee: Financial Services Bill

CFA UK

Financial Services Bill

Feb-12

Regulatory fees and levies: Policy Proposals for 2012/13 (CP11/21)

Financial Services Authority

Fees & Levies

Jan-12

Reform of the Financial Reporting Council

Financial Reporting Council

Reform of the FRC

Jan-12

Retail Product Development and Governance: Structured Products Review

Financial Services Authority

Retail Product Development & Governance

Dec-11

The Kay Review of UK Equity Markets

Department for Business, Innovation & Skills

The Kay Review of UK Equity Markets

Nov-11

Narrative Reporting

Department for Business, Innovation & Skills

Narrative Reporting

Nov-11

FTSE Free Float consultation

FTSE

Free Float Consultation

Nov-11

Executive Remuneration

Department for Business, Innovation & Skills

Executive Remuneration

Nov-11

IASB Agenda consultation

International Accounting Standards Board

Agenda Consultation

Nov-11

Financial Reporting Lab

Financial Reporting Council

Financial Reporting Lab

Aug-11

UK Border Agency: Employment Related Settlement

UK Border Agency/Home Office

Work Settlement

Aug-11

Financial Services Bill – call for evidence

Joint Parliamentary Committee

Financial Services Bill

Aug-11

Financial Conduct Authority: Approach to Regulation

Financial Services Authority

Financial Conduct Authority

Jun-11

Financial Reporting Council: Gender Diversity

FRC

Gender Diversity

Jun-11

IFRS Foundation Strategy

IFRS

IASB

Apr-11

IASB Exposure Draft on Offsetting

IFRS

Offsetting

Apr-11

FSA (DP 11/1): Product Intervention

Financial Services Authority

Product Intervention

Mar-11

New Regulatory Framework for Financial Services in the UK

HM Treasury

New Regulatory Framework

Mar-11

IASB Exposure Draft on Hedge Accounting

International Accounting Standards Board

Hedge Accounting

Mar-11

Simple Financial Products

HM Treasury

Simple Financial Products

Feb-11

Financial Promotions: Guidance Consultation

Financial Services Authority

Financial Promotions Guidance Consultation

Jan-11

Establishing the Risk a Customer is Willing to Take and Making a Suitable Investment Selection

Financial Services Authority

Customer Risk and Suitable Investment Selection

Jan-11

EU Commission: Disclosure of Non-Financial Information by Companies

EU Commission

Disclosure of Non-Financial Information

Jan-11

Retail Distribution Review – call for evidence

Treasury Select Committee

Retail Distribution Review

Jan-11

Long-Term Focus for Corporate Britain – call for evidence

Department for Business, Innovation & Skills

Long-Term Focus

Jan-11

IFRS Strategy Review

International Accounting Standards Board

IFRS

Dec-10

IASB Exposure Draft on Leases

International Accounting Standards Board

Leases

Dec-10

FSA (CP 10/27): Implementing CRD3 requirements on the disclosure of remuneration

Financial Services Authority

Implementation of Remuneration Disclosure

Nov-10

Insurance Contracts Exposure Draft

International Accounting Standards Board

Insurance Contracts

Nov-10

Revenue Recognition IASB/FASB Exposure Draft

International Accounting Standards Board

Revenue Recognition

Nov-10

A New Approach to Financial Regulation: Judgement, Focus and Stability

HM Treasury

Financial Regulation

Aug-10

FSA (CP 10/12): Competence and ethics

Financial Services Authority

Competence, Ethics

May-10

FSA (CP 10/9): Enhancing the client assets sourcebook

Financial Services Authority

Client Assets

May-10

FSA (CP 10/3): Effective corporate governance

Financial Services Authority

Corporate Governance

Mar-10

Revised UK Corporate Governance Code

Financial Reporting Council

Corporate Governance

Mar-10

Delivering the Retail Distribution Review: Professionalism

Financial Services Authority

Retail Distribution Review

Nov-09

Use of Standard Reporting Format for Financial Reporting

Committee of European Securities Regulators

XBRL

Aug-09

Rfl: Impairment

International Accounting Standards Board

Impairment

Aug-09

DP: Credit risk in liability measurement

International Accounting Standards Board

Credit Risk
Impairment

Jun-09

Revenue Recognition

International Accounting Standards Board

Revenue Recognition

Jun-09

ED: Derecognition

International Accounting Standards Board

Derecognition

Jun-09

DP: Leases

International Accounting Standards Board

Leases

Apr-09

FSA (DP 09/1): Short selling

Financial Services Authority

Short-selling

Apr-09

DP: Financial Statement Presentation

International Accounting Standards Board

Financial Statements

Mar-09

ED (10): Consolidated Financial Statements

Financial Statements

Feb-09

FSA (CP 08/25): The approved persons regime – significant influence function review

Financial Services Authority

Approved Persons Regime

Jan-09

Investments in Debt Instruments

International Accounting Standards Board

Debt

Dec-08

Financial Instrument Disclosures

International Accounting Standards Board

Financial Instruments

Aug-08

Disclosure of Liquidity Support

Financial Services Authority

Liquidity

Aug-08

Reducing Complexity in Reporting Financial Instruments

International Accounting Standards Board

Financial Instruments

Jul-08

Short-selling During Rights Issues

Financial Services Authority

Short-selling

Jun-08

The Financial Reporting of Pensions

International Accounting Standards Board

Pensions

Mar-08

Structure of the Listing Regime

Financial Services Authority

Listings Regime

Feb-08

Contracts for Difference

Financial Services Authority

Contracts for Difference

Nov-07

Hedge Fund Standards

Hedge Fund Working Group

Hedge Fund

Sep-07

Holding Periods of Equities

Equities

Sep-07

Disclosure and Transparency in Private Equity

Walker Working Group

Private Equity

Jul-07

National Occupational Standards for Wholesale Securities and Derivatives Distribution

Financial Services Skills Council

National Occupational Standards

Jun-07

Headline Earnings

IFRS

Earnings

Jun-07

PAAinE: Usefulness of Financial Statements

International Accounting Standards Board

Financial Statements

Apr-07

FSA (CP 07/4): Training and Competence Sourcebook Review

Financial Services Authority

Training & Competence

Dec-05

FSA (DP 05/5): Trading Transparency in the UK Secondary Bond Markets

Financial Services Authority

Bonds

Nov-05

EU Endorsement of IFRS2: Share-based Payments

Department of Trade & Industry

IFRS

Sep-05

FSA (CP 05/10): Handbook Consultation Paper

Financial Services Authority

FSA Handbook

Sep-05

Comprehensive Income

International Accounting Standards Board

Comprehensive Income

Sep-05

IFRS 3, IAS 27 and IAS 37

International Accounting Standards Board

IFRS

Jul-05

Pension Scheme Governance – Fit for the 21st Century?

National Association of Pension Funds

Pensions

May-05

Code of Practice: Trustee Knowledge and Understanding (TKU)

Pensions Regulator

Trustee
Pensions

Feb-05

Reporting Exposure Draft, Reporting Standard 1: Operating and Financial Review

International Accounting Standards Board

Operating & Financial Review

Feb-05

IASC Foundation Consultation Paper

International Accounting Standards Board

IASC

Oct-04

FRED 34

Financial Services Authority

FRED

Sep-04

Morris Review of the Actuarial Profession

Actuarial

Aug-04

Regulations on the Operating and Financial Review and Directors Report

Department of Trade & Industry

Operating & Financial Review

Aug-04

Endorsement of IAS 39

Department of Trade & Industry

IAS

Jan-04

FSA (CP 203): Review of the Listing Regime

Financial Services Authority

Listings Regime

Dec-03

FSA (CP 205): Conflicts of Interest – Investment Research and Issues of Securities

Financial Services Authority

Conflicts of Interest

Nov-03

Financial Analysts: Best Practices in an Integrated European Financial Market

Financial Analysts

Nov-03

An Ethical Framework for Financial Services

Financial Services Authority

Ethical Framework

Sep-03

FSA (CP 176): Bundling and Softing

Financial Services Authority

Bundling & Softing

Apr-03

FSA (CP 171): Conflicts of Interest – Investment Research and Issues of Securities

Financial Services Authority

Conflicts of Interest

Nov-02

FSA (DP 15): Investment Research – Conflicts and Other Issues

Financial Services Authority

Investment Research

Sep-02

AIMR Draft Research Objectivity Standards

Objectivity Standards

Aug-02

Review of the Role and Effectiveness of Non-Executive Directors

Non-Executive Directors

Aug-02

FRED 24: The Effects of Changes in Foreign Exchange Rates

International Accounting Standards Board

FRED

Aug-02

FRED 25: Related Party Disclosures

International Accounting Standards Board

FRED

Aug-02

FRED 26: Earnings Per Share

International Accounting Standards Board

FRED

Aug-02

FRED 27: Events after the balance sheet

International Accounting Standards Board

FRED

Aug-02

FRED 28: Inventories, Construction and Service Contracts

International Accounting Standards Board

FRED

Aug-02

FRED 29: Inventories, Construction and Service Contracts

International Accounting Standards Board

FRED

Jul-02

FSA (CP 135): New Collective Investment Scheme Products

Financial Services Authority

Investment Schemes