Credit Suisse Group announces that it will delay the publication of its 2022 Annual Report and related Annual Report on Form 20-F following a late call on the evening of March 8, 2023, from the U.S. Securities and Exchange Commission (SEC) in relation to certain open SEC comments about the technical assessment of previously disclosed revisions to the consolidated cash flow statements in the years ended December 31, 2020, and 2019, as well as related controls.
For more information, please see Note 1 – Summary of significant accounting policies – revisions of prior period financial statements to the consolidated financial statements for the period ended December 31, 2021, in our annual report on Form 20-F for the fiscal year ended December 31, 2021.
Management believes it is prudent to briefly delay the publication of its accounts in order to understand more thoroughly the comments received.
We confirm the 2022 financial results as previously released on February 9, 2023, are not impacted by the above.
Source : Credit Suisse
NEWSLETTER SIGN UP
And receive exclusive articles on securities markets
As Technology Evolves, Asset Managers Adapt and Innovate
https://www.marketsmedia.com/as-technology-evolves-asset-managers-adapt-and-innovate/
Citi Changes Organizational Structure
https://www.marketsmedia.com/citi-changes-organizational-structure/
SEC Charges Virtu for Disclosures Relating to Information Barriers
https://www.marketsmedia.com/sec-charges-virtu-for-disclosures-relating-to-information-barriers/
ICE Futures Singapore Partners with CoinDesk Indices
https://www.marketsmedia.com/ice-futures-singapore-partners-with-coindesk-indices/
Related articles
-
The bank’s sales & trading team will be among the first to move into the new building at 37 Place du Marché...
-
JP Morgan’s Execute Analytics platform provides cross-asset traders personalized and targeted insights.
-
This was the debut transaction on Ondo Chain testnet for institutional-grade real-world assets.
-
Barclays has also made a strategic investment in the fintech.
-
The platform represents more than 180 alternatives funds distributed globally.