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Update on IFRS endorsements in Europe

Nov 14, 2009

At its meeting on 11 November 2009, the European Commission's Accounting Regulatory Committee voted in favour of the adoption of the following IFRSs for use in the European Union: Annual improvements 2009 Amendments to IAS 32 Classification of Rights Issues Amendments to IFRS 2 Group Cash-settled Share-based Payment Transactions ARC also decided to postpone its consideration of endorsement of IFRS 9. EFRAG has updated its endorsement status report to reflect the ARC recommendations.

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