TOPページ
|
英語
日本語
|
CONNECT WITH US:
ホーム
JCNについて
サービス
お問い合わせ
会員企業ログイン
*
ホーム
プレスリリース
2015年09月09日 11時20分
Source:
IFAC
Urgent Questions Concerning Regulation's Impact on Growth, Innovation: IFAC Global Study
ニューヨーク, 2015年09月09日 - (JCN Newswire) - Regulation has become immensely complex and is impacting organizations' opportunities to grow and innovate, according to the Global Regulation Survey, a study of accounting, finance, and business professionals conducted by the International Federation of Accountants (IFAC).
Approximately two-thirds of respondents said regulation is having a significant or very significant impact on their organizations' opportunities to grow and innovate. About four in five respondents reported that the regulation impacting their organizations is complex or very complex; that it has become more or much more significant over the past five years; and that it has a substantial impact on their organizations' cost of doing business.
"Good regulation is essential to the fairness, efficiency, and effectiveness of economies, and making it work as well as it can is a never-ending mission," IFAC Chief Executive Officer Fayez Choudhury said. "Growth remains a concern globally, and these results should be a wakeup call for us to examine the impact of regulation, including the regulation and reform introduced in response to the global financial crisis."
The findings come as the combined effects of global, regional, national post-crisis reforms begin to be felt by organizations, as well as the financial markets. "For many organizations, Basel III, recent EU reforms, Dodd-Frank, and multiple other sector- and country-specific regulations are all coming into play at once, and the scope of each is substantial," Mr. Choudhury said. For example, Glass-Steagall, instituted in 1933 following the Great Depression, was 37 pages, compared with Dodd-Frank's more than 2,000 pages in 2010. The first Basel Accord, introduced in 1988, had seven risk categories and required seven calculations; Bank of England Chief Economist Andrew Haldane has remarked on Basel III's more than 200,000 risk categories, and more than 200,000,000 calculations.
The results also demonstrate that the regulatory approach across different regions is inconsistent, and almost half of respondents reported that collaboration between regulators is ineffective.
Four in five respondents expect the impact of regulation will continue to become more or much more significant in the next five years.
"There are urgent questions surrounding regulation's impact on growth and innovation, as well as how its complexity is affecting the agility needed to face emerging risks and potentially the next financial crisis," Mr. Choudhury said. "IFAC aims to collaborate with policy makers, regulators, and the organizations impacted to examine these questions and probe the impacts as a major priority."
The Global Regulation Survey polled 313 accounting, finance, and business professionals in organizations ranging from small and medium entities to very large entities, operating in a wide range of industry sectors on six continents. The survey was conducted during July and August 2015.
About IFAC
IFAC is the global organization for the accountancy profession, dedicated to serving the public interest by strengthening the profession and contributing to the development of strong international economies. It is comprised of more than 175 members and associates in 130 countries and jurisdictions, representing over 2.8 million accountants in public practice, education, government service, industry, and commerce.
CONTACT INFORMATION
Contact:
Laura Wilker
Head of Communications
+1-212-471-8707
laurawilker@ifac.org
配信代行: JCN
Source: IFAC
Copyright ©2024 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.
関連プレスリリース
グローバルに分岐化する金融規制、経済への影響7,800億米ドル
2018年04月12日 18時00分
IFAC Supports US Treasury Secretary Lew's Call for Important Policy Decisions on Public Sector Finances; Calls on G-7 to Address This Critical Matter
2015年06月08日 09時05分
Better Public Sector Financial Reporting, Greater Citizen Engagement
2015年04月28日 10時50分
もっと見る >>
新着プレスリリース
UK's Largest EV Show Returns for 4th Edition Driving Innovation with Policy Leaders, Product Launches, and EV Innovations
2024年04月19日 21時03分
富士通、世界初 形式の異なる企業のデジタルアイデンティティー証明書を変換する技術を開発し欧州データスペースへの接続実証に成功
2024年04月19日 10時00分
ランドクルーザー、新型車"250"シリーズを発売
2024年04月18日 15時00分
Honda、「N-VAN」を一部改良し発売
2024年04月18日 15時00分
三菱重工と日本ガイシ、アンモニア分解ガスからの膜分離水素精製システムを共同開発
2024年04月18日 14時00分
PAREMINAが革新的な抗老化ソリューションを携えて、Beautyworld Tokyo 2024でアジア初上陸を発表
2024年04月18日 13時45分
富士通とオラクル、日本市場におけるデータ主権要件に対応するソブリンクラウドの提供に向け戦略的協業
2024年04月18日 11時00分
トヨタの新スポーツメディア「トヨタイムズスポーツ」始まる
2024年04月17日 15時00分
Microex Launches Web3.0 Financial Trading Solution - Pioneering Innovation in Financial Technology
2024年04月17日 15時00分
エーザイ、抗てんかん剤「フィコンパ(R)」の注射剤を新発売
2024年04月17日 10時00分
LEXUS、ミラノデザインウィーク2024に出展
2024年04月16日 18時00分
三菱商事、米国ルイジアナ州におけるDACプロジェクトへの参画について
2024年04月16日 14時00分
NEC、SBTiからNet-Zero目標の認定を取得
2024年04月16日 14時00分
「LEXUS OVERTRAIL CAMP 2024」を開催
2024年04月15日 13時30分
InnoEX promotes Hong Kong as international I&T hub
2024年04月13日 20時00分
三菱重工航空エンジン、航空エンジン向け燃焼器製造の「MHIAEL長崎工場」2期棟を竣工
2024年04月12日 08時00分
FBS Releases a Major Update to Mobile App: Everything Is Now in Users' Smartphone
2024年04月11日 23時08分
Atlas Lithium、三井物産から3,000万米ドルの戦略的投資およびオフテイク契約を獲得
2024年04月11日 22時00分
WizMediBio Signs Contract with the Wisconsin Alumni Research Foundation (WARF) for Botulinum Toxin Strain
2024年04月09日 19時03分
ボーイング、三菱重工業、SMBCアビエーションキャピタルが共同で委託した持続可能な航空燃料(SAF)に関するレポートを発表
2024年04月09日 18時00分
もっと見る >>