IFRS Foundation Trustees propose tenure increases for Chair and Vice-Chair

  • IFRS - IASB Image

Jun 19, 2018

On June 19, 2018, the Trustees of the IFRS Foundation issued narrow-scope amendments to the IFRS Foundation Constitution that will increase the maximum tenure of the Trustees’ Chair and Vice-Chair. Comments on the proposal are due by September 17, 2018.

Specifically, the proposed amendments would:

  • Increase the maximum tenure of the Trustee Chair and Vice-Chair to nine years.
  • Allow the option to appoint a Chair from either internally within the Trustees or externally.
  • Clarify the requirements for Trustee reappointments.

Review the press release on the International Accounting Standards Board’s website.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.