Memorandum of understanding signed to establish ISSB presence in Beijing
Dec 29, 2022
On December 29, 2022, the Trustees of the IFRS Foundation announced that they have signed a Memorandum of Understanding with the Ministry of Finance of China to establish an International Sustainability Standards Board (ISSB) office of the IFRS Foundation in Beijing.
The Beijing office is expected to open in mid-2023. Staff of the office will focus on leading and executing the ISSB’s strategy for emerging and developing economies and act as a hub for stakeholder engagement in Asia.
For additional information see the press release on the IFRS Foundation’s website.