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Financial services tax digest – October 2025

As we enter the final quarter of 2025, political instability and limited growth continue to affect the global economy. However, promising market opportunities are emerging. Banks, insurers and asset managers must be prepared to navigate efficiently in an evolving domestic...

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CECL impact on insurance companies

ASC 326, the current expected credit loss (CECL) standard, has substantially changed how entities, including insurers, estimate credit losses on financial assets measured at amortized costs.

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US insurers' journey implementing IFRS 17

The International Financial Reporting Standard 17 (IFRS 17) for Insurance Contracts represents a significant shift in the accounting landscape for insurance companies. Developed by the International Accounting Standards Board (IASB)...

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