Regulators

Three webinars were held between 8 June and 10 June 2021 under STAREP regional program and these were attended by about 40 participants each day.

The overall aim of the experience exchange webinars was to learn from Slovenian experience related to the establishment of an independent public oversight function, entry requirements and registration of auditors and audit firms; monitoring of continuing professional development; quality assurance inspections and enforcement procedures, as well as cooperation with foreign audit regulators.

The CFRR organized a virtual workshop “IFRS for Regulators: COVID-19 Impacts & Responses” under STAREP program using the Webex platform on Tuesday 30 June 2020, at 14:00.  The event was attended by around 70 participants.

This workshop aimed to inform regulators about recent financial reporting and regulatory guidance, with a particular emphasis on those aspects of accounting and reporting that are currently most relevant to the financial statements of listed companies, especially banks.

The conference on October 2nd featured speakers from the World Bank, the Professional Accountancy Organization Development Committee of the International Federation of Accountants (IFAC), as well as representatives from Professional Accountancy Organizations (PAOs) in Poland, the Kyrgyz Republic, and Georgia. The discussions focused on changes in Accounting Law, how to achieve smooth transition by learning good international practices and overcoming challenges, as well as the implications to the accounting profession.

Over 32 representatives from Central Banks, Banking Supervisory Agencies, and Insurance Supervisory Agencies from 13 countries from Europe and Central Asia attended the Executive IFRS for Regulators Workshop on 26 and 28 November 2018, at the hotel Intercontinental in Vienna. The workshop was one of the several events around the 2018 Ministerial Conference, that took place on 27 November 2018, and was specifically directed at financial supervisors and regulators. This workshop was jointly organized by the World Bank Centre for Financial Reporting Reform (CFRR) and the IFRS Foundation.