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Please find below a brief summary of news and events from the International Accounting Standards Board (Board) an­d the IFRS® Foundation over the past month:

Erkki Liikanen appointed as Chair of the IFRS Foundation Trustees

Former Governor of the Finnish Central Bank Erkki Liikanen has been appointed as the Chair of the IFRS Foundation Trustees. He succeeds Michel Prada, who has served as Chair since 2011. 

The IFRS Foundation is moving

After being headquartered at 30 Cannon Street in London for 17 years, the IFRS Foundation is moving to Canary Wharf in August. Our new address from 6 August will be 7 Westferry Circus, Canary Wharf, London, E14 4HD, UK.

The Board announced the composition of its Management Commentary Consultative Group

The Board announced the membership of its Management Commentary Consultative Group, established to advise the Board as it develops proposals for updating its guidance on management commentary in financial reports.

Feature—reducing the gap between insurance and other industries

In a new feature article, Board member Gary Kabureck outlines similarities between the measurement of obligations at current value and the recognition of revenue as a company provides services to its customers in IFRS Standards.

Webcasts on the Discussion Paper Financial Instruments with Characteristics of Equity

To help stakeholders as they prepare comments, in this web presentation series, Technical Director Kumar Dasgupta and Technical Manager Uni Choi cover different chapters of the Discussion Paper Financial Instruments with Characteristics of Equity published in June 2018. The webcasts cover:

Supporting IFRS 17 Insurance Contracts implementation—educational materials

As part of our activities to support the implementation of IFRS 17 Insurance Contracts, we published educational materials for:

July IASB podcast now available

In this month’s podcast, Matt Tilling (Education Director) is joined by Hans Hoogervorst (Chair) and Sue Lloyd (Vice-Chair) to provide a summary of the main discussions held during the July Board meeting as well as other developments.

Issue 16 of the Investor Update published

The latest issue of the Investor Update is now available.

Webinar: IFRS Taxonomy 2018—recording now available

A recording of the live webinar introducing the IFRS Taxonomy 2018 is now available.

IFRS Taxonomy 2017 now available in Turkish

The files for the IFRS Taxonomy 2017 are now available in Turkish.