Memorandum of understanding signed to establish ISSB presence in Beijing

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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.

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