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ARTICLE · 22 FEBRUARY 2018

Cyprus Securities And Exchange Commission Circular On Priority Issues For Financial Statements And Annual Reports For 2017

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The Cyprus Securities and Exchange Commission has issued a circular notifying issuers of securities which are listed for trading on the Cyprus Stock Exchange or another regulated market of the ...

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The Cyprus Securities and Exchange Commission has issued a circular notifying issuers of securities which are listed for trading on the Cyprus Stock Exchange or another regulated market of the latest Public Statement on European Common Enforcement Priorities, published by the European Securities and Markets Authority.

The Public Statement sets out the priorities jointly agreed by national supervisory authorities of the countries of the European Economic Area in relation to financial statements for the year 2017 regarding the implementation of International Financial Reporting Standards, with the objective of achieving consistency in the application of IFRS in Europe.

The common European priorities for 2017 are as follows:

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