Examples of Financial Statements Regulation in a sentence
The Group prepares its financial statements in accordance with International Financial Reporting Standards ("IFRS") as adopted by the EU and with those parts of the Companies Act 2014 (the "Companies Act") applicable to companies reporting under IFRS and with the European Union (Credit Institution: Financial Statements) Regulation 2015 and, accordingly, from time to time the Group is required to adopt new or revised accounting standards as adopted by the EU.
Therefore, pursuant to Article 7 Paragraph 1 Item 2 of Interim Consolidated Financial Statements Regulation, they are not treated as affiliated companies accounted for by the equity method.
In addition, you are required to certify that you have complied with the requirements of the Code and have disclosed or reported all related personal securities transactions.
Statement of complianceThe Financial Statements are prepared in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (“IASB”) and adopted by the European Union (“EU”) and in accordance with the provisions of the Companies Act 2014 and the European Union (Credit Institutions: Financial Statements) Regulation 2015.The Financial Statements were approved by the Board of Directors on 29 January 2021.
These Regulations shall be cited as Amended Regulations Concerning Audit of Financial Institutions and Publication of Financial Statements, Regulation No. CBL/RSD/008/2017.
Due to the amendments of the Consolidated Financial Statements Regulation, the following presentation of the accounts in the con- solidated financial statements have been changed for the fiscal year ended 31st March, 1999.
Further, listed companies are required to prepare (consolidated) financial statements that comply with the Financial Instruments and Exchange Act and the (Consolidated) Financial Statements Regulation.
The entity financial statements comply with Financial Reporting Standard 102, ‘‘The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland’’ (‘‘FRS 102’’), Financial Reporting Standard 103, Insurance Contracts (“FRS 103”), the European Union (Insurance Undertakings: Financial Statements) Regulation 2015 and the Companies Act 2014.
Receipts and Payments Account has been prepared as prescribed by IRDAI Financial Statements Regulation, 2002 under the 'Direct method' in accordance with Accounting Standard 3 on Cash Flow Statements notified under the Section 133 of the Companies Act, 2013 (the “Companies Act”).
Therefore, based on Article 5 Paragraph 1 Item 2 of Consolidated Interim Financial Statements Regulation, they were not treated as consolidated subsidiaries.