21 May 2021. EFRAG, in close coordination with the IASB, will conduct field-testing of the IASB’s proposals included in the ED Disclosure Requirements in IFRS Standards—A Pilot Approach ED/2021/3 issued in March 2021. The purpose of the field testing is to identify potential implementation and application concerns of the proposed disclosures in IFRS 13 Fair Value Measurement and IAS 19 Employee benefits, to determine whether there is a need for additional guidance, and to estimate the effort and cost required to implement and apply the proposals. Interested corporates, banks or insurers can register interest to partake in the field test by emailing disclosureinitiative-pilot@efrag.org.