Shaping the Future of Reporting: EFFAS President Jesús López Zaballos Advocates for Integrated Reporting at IFRS-OIBR Conference”

News and press releases about EFFAS and EFFAS partners or member societies

Milan, 18 October 2024. Jesús López Zaballos on the business and investor case for integrated reporting, “Integrated Reporting must not lose sight of the methodological restrictions to be useful, ensuring that financial and sustainability-related disclosures are not presented as ‘mixed’ or only ‘‘connected.’” Introduction: The business and investor case for integrated reporting. Dear Chairman Mr…

EFRAG Releases Feedback Statement on IASB’s Proposed Amendments to IFRS 3 and IAS 36

EFRAG

On 17 October, EFRAG published its Feedback Statement concerning the IASB’s Exposure Draft on Business Combinations—Disclosures, Goodwill, and Impairment. This document highlights the key responses from various stakeholders to the IASB’s proposals, as well as how EFRAG has incorporated this feedback into its Final Comment Letter. Key Points of Feedback: IFRS 3 (Business Combinations): While…

EFRAG Issues Clarifications on Call for Tenders for ESRS Knowledge Hub

EFRAG

On 16 October, EFRAG published an addendum to address questions related to its open Call for Tenders for the development of the ESRS Knowledge Hub. This call, initiated on 20 September 2024, invites proposals to create a robust application for the ESRS Knowledge Hub, with a submission deadline of October 31, 2024. EFRAG encourages interested…

Risk Control Metrics and Best Practices in Sustainable Investments at the 2024 Oxford Congress, by Jean-Philippe Desmartin.

News and press releases about EFFAS and EFFAS partners or member societies

Oxford, 18-20 September 2024. ABSTRACT In recent years, sustainable investments have grown significantly, especially in Europe, fueled by regulatory frameworks such as Articles 8 and 9, thematic funds, and other ESG-labelled investment vehicles. Globally, this sector is managed by investors handling over $100 trillion in assets. Risk control metrics, initially considered supplementary, have become essential…

EFRAG Endorsement Advice on Amendments to IFRS 9 and IFRS 7

EFRAG

On October 9, EFRAG completed its due process regarding the Amendments to the Classification and Measurement of Financial Instruments (Amendments to IFRS 9 and IFRS 7) and has submitted its Endorsement Advice to the European Commission.   These Amendments address stakeholder requests for clarification on the application guidance for assessing the contractual cash flow characteristics…

EFRAG Conference 2024

EFRAG

Date: December 10, 2024Location: The Hotel Brussels, 38 Bd de Waterloo, BrusselsTime: 9:00 – 17:15  CET, followed by drinks.   EFRAG is hosting its third annual conference, titled “Advancing Transparency & Competitiveness in Challenging Times.” The event will showcase EFRAG’s advancements in sustainability reporting and new developments in financial reporting, featuring high-level speakers discussing the…

EFRAG issues draft comment letter on the IASB ED Amendments to IFRS 19 Subsidiaries without Public Accountability: Disclosures

EFRAG

On September 20, 2024, EFRAG published its Draft Comment Letter (DCL) on the IASB’s Exposure Draft IASB/ED/2024/5, which proposes amendments to IFRS 19 concerning Subsidiaries without Public Accountability: Disclosures.  EFRAG supports the IASB’s initiative to update IFRS 19, including efforts to streamline the new and amended disclosures introduced in IFRS Accounting Standards from February 2021…

EFRAG calls for feedback on its draft comment letter on the IASB’s ED Climate-related and Other Uncertainties in the Financial Statements

EFRAG

On September 20, 2024, EFRAG issued a Draft Comment Letter (DCL) on the IASB’s Exposure Draft (ED) IASB/ED/2024/6, focusing on proposed illustrative examples for climate-related and other uncertainties in financial statements. EFRAG considers the examples helpful in applying IFRS Accounting Standards but suggests that further examples and standard setting may be needed to meet stakeholder…