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  • Congress is told that EU wants SEC recognition of IFRSs

    20 May 2004

    In Testimony (PDF 115k) before the US House Committee on Financial Services, Alexander Schaub, the Director General of the Internal Market Directorate of the European Commission, expressed a hope that the US SEC would recognise IFRSs as part of a programme of mutual US-EU recognition of each other's financial market regulations.

  • EFRAG seeks comments on two draft responses to IASB

    19 May 2004

    The European Financial Reporting Advisory Group (EFRAG) is seeking comments by 28 June 2004 on its preliminary views on two current IASB exposure drafts: Preliminary Views on IASB ED: Amendments to IAS 39 Financial Instruments Recognition and Measurement: The Fair Value Option (PDF 60k) Preliminary Views on IASB ED: Amendments to IAS 19 Employee Benefits: Actuarial Gains and Losses, Group Plans and Disclosures (PDF 63k) .

  • EU public consultation on improving financial information

    18 May 2004

    The European Commission is undertaking an electronic Public Consultation on matters relating to (a) board members' responsibilities for financial and key non-financial information, (b) disclosure of related party and intra-group relationships and transactions, and (c) disclosure of corporate governance practices by listed companies in a proposed corporate governance statement.