Decoding the Objective, Scope and Conceptual Foundations of IFRS S1 On 26 June, the International Sustainability Standards Board (ISSB) issued IFRS 1 - General Requirements for Disclosure of Sustainability-Related Financial Information (IFRS S1) and Climate-Related Disclosures (IFRS S2) (collectively referred to as the "ISSB Standards"). The ISSB Standards significantly shift sustainability disclosure from voluntary to…
Read moreMonth: August 2023
On 13 August 2023, the State Council unveiled a set of 24 policy actions within its Opinion titled " Opinions of the State Council on Further Optimising the Environment for Foreign Investment and Increasing Efforts to Attract Foreign Investment” (‘Opinions’). The Opinions reflect the government's active efforts to address core issues from foreign businesses, from…
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China Customs has been actively developing a customs voluntary disclosure system suited to its environment since the launch of the pilot project on enterprise self-regulation management in 2014. The primary goal of this system is to implement the management concept of "promoting integrity, and punishing dishonesty" at the legislation level for enterprises, aiming to encourage…
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