In its final comment letter, EFRAG agrees with the proposed amendments as EFRAG believes that this deferral will give the IASB the opportunity to address the application problems arising from the equity method requirements comprehensively, will give the IASB the opportunity to reconsider subsequently identified issues and challenges, and will reduce the risk of requiring successive rounds of changes to IAS 28 in a short period of time.
EFRAG, however, does not agree to early application remaining possible after the effective date of the 2014 amendments has been postponed.
The press release and full comment letter are available on the EFRAG website.