• sr-news

ISCA Comments on IFRS Foundation Trustees’ ED on Proposed Targeted Amendments to the IFRS Foundation Constitution to Accommodate an ISSB to Set IFRS Sustainability Standards

ISCA broadly agrees with the proposed targeted amendments to the IFRS Foundation Constitution. However, we provided feedback that additional differentiation is required between the IASB and ISSB, particularly in consideration of the stakeholders beyond capital markets. We also suggested for the Trustees to (i) dedicate a chapter in the Constitution to specify how the ISSB should work closely together with the IASB, and (ii) include the word “reporting” in the names of the new board and its associated standards to avoid ambiguity over the ISSB’s objectives.

Read more