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On 3 November 2021, at COP26, the IFRS Foundation Trustees announced the creation of the International Sustainability Standards Board (ISSB).
The ISSB will deliver a global baseline of sustainability disclosures to meet capital market needs.
This is a brief summary of news and events from the International Accounting Standards Board (Board) and the IFRS® Foundation over the past month:
New Chair of the IFRS Foundation Trustees Erkki Liikanen spoke about the contribution of Malaysia and the Asia-Oceania region to the IFRS Foundation’s work at a stakeholder event organised in conjunction with the Trustees meeting in Kuala Lumpur.
Board member Gary Kabureck explains the steps the Board has taken to modernise the concept of materiality.
In this podcast, Chair and Vice-Chair of the Board Hans Hoogervorst and Sue Lloyd join Technical Staff Member Matt Tilling to provide an update on the Board's latest meeting and take a brief look at some of the upcoming activities for the year.
The Board continued its considerations of how to respond to the concerns and implementation challenges raised in relation to IFRS 17, during its January meeting.
The Capital Markets Advisory Committee (CMAC) is seeking new candidates to join the CMAC from 1 January 2020 for a term of three years.
The IFRS Foundation published an updated guide to using the IFRS Taxonomy, to help companies with the electronic tagging of their financial statements.
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