How ready are you for what IFRS 18 will bring?

It’s now been over a year since the International Accounting Standards Board (IASB) unveiled IFRS 18 Presentation and Disclosure in Financial Statements – a fundamental update to IFRS Accounting Standards, and the countdown to 2027 has already begun. With an effective date of 1 January 2027, the three-year lead time for IFRS 18 isn’t just generous, it’s intentional. IFRS 18 isn’t a minor update you can …

What you need to know about IFRS 17 for captives in 5 minutes

With more than 200 active reinsurance captives, the Luxembourg financial centre is considered the European leader in the market. This is mainly due to its stable legal, regulatory and tax framework—confirmed by the maintenance in 2022 of Luxembourg’s AAA financial rating—as well as the highly qualified international professionals and specialists …

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