IFRS Foundation must move with urgency with regards to establishing a SSB – if this is the outcome of this consultation – and an appropriate governance structure, while desirable, we do not necessarily share the view that climate-related standards must be finalised quickly; in part, this will Previous reviews have led to complete transparency in technical decision-making The Trustees are responsible for the strategic direction and governance of Création L’International Financial Reporting Standards Foundation (IFRS Foundation) - anciennement International Accounting Standards Committee Foundation de sa création à la révision de la constitution achevée en février 2010 - a été créée en février 2001, sous la forme d'une entité à but non lucratif enregistrée … We welcome the initiative by the IFRS as there is a need for an internationally more… To develop standards in the public interest, the process must IFRS Standards are required by over 125 countries globally. 16 December 2020 7 Westferry Eurosif submitted today its response to the IFRS Foundation consultation on sustainability reporting standards. IFRS Foundation Columbus Building 7 Westferry Circus Canary Wharf London E14 4HD United Kingdom Ref: Response to Consultation Paper on Sustainability Reporting Dear Mr Liikanen, The European Securities and Markets IFRS is recognized in 144 jurisdictions around the world and has strong and collaborative relationships with governments, regulators and national standard setters. Keidanren welcomes the opportunity to submit comments on the IFRS Foundation's Trustees' Review of Structure and Effectiveness: Issues for the Review. whose structure and functions are laid out in sections 24–37, shall be the standard-setting body of the IFRS Foundation. IFRS Foundation Columbus Building 7 Westferry Circus Canary Wharf London E14 4HD Via email: commentletters@ifrs.org 21 December 2020 Subject: IFRS Foundation’s Consultation Paper on Sustainability Reporting ICGN is 07 Aug 2020 The IFRS Foundation has announced that due to concerns about the COVID-19 pandemic and the global nature of its organization, all meetings with advisory and consultative … The IFRS Foundation's logo and the IFRS for SMEs ® logo, the IASB ® logo, the ‘Hexagon Device’, eIFRS ®, IAS ®, IASB ®, IFRIC ®, IFRS ®, IFRS for SMEs ®, IFRS Foundation ®, International Accounting Standards ®, International Financial Reporting Standards ®, NIIF ® and SIC ® are registered trade marks of the IFRS Foundation, further details of which are available from the IFRS … Structure of the IFRS regulatory system International Financial Reporting Standards (IFRS) Foundation The IFRS Foundation (formerly known as the International Accounting Standards Committee Foundation (IASC)) is the supervisory body for the IASB and is responsible for governance issues and ensuring each … The IFRS Foundation is proposing that the new SSB would sit alongside the IASB in the Foundation’s governance structure. The IFRS Foundation’s final proposal should result in the establishment of an SSB with an appropriate structure and culture to build effective synergies with existing financial reporting standards. And in other developments over the year the IASB issued IFRS 16 Leases, which will be mandatory in 2019., which will be mandatory in 2019. The new SSB would focus on the needs of investors and other providers of capital for sustainability The IFRS Foundation’s three-tier governance structure is designed to deliver on these attributes. Therefore, the IFRS Foundation is seeking to create a new Sustainability Standards Board (SSB) with an institutional and governance structure similar to that of its financial reporting standard setter, the International Accounting The IFRS Foundation also develops and maintains the IFRS Taxonomy. 6 UL RPORT 2016 Review of structure and effectiveness Every five years, the Trustees review the structure and effectiveness of the IFRS Foundation. Mark Carney, UN Special Envoy for Climate Action and Finance, has commented on the IFRS Foundation Trustees' sustainability consultation and stresses that he endorses the creation of new IFRS Sustainability The IFRS Foundation has published 'IFRS Taxonomy 2020 — Covid-19-Related Rent Concessions (Amendment to IFRS 16)'. IFRS, IAS, IFRS Foundation accountability. For detailed information on the organisation’s structure, the standard-setting process and the spread of IFRS Standards, visit www.ifrs.org. The IFRS Foundation under which the IASB operates has published its Annual Report for 2011. The IFRS Foundation on September 30 issued a consultation document to solicit public feedback on whether to establish the SSB as a new global standard-setting body under its governance structure. 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