Proposed amendments to the draft report on the IAS evaluation and on activities of IFRS Foundation, EFRAG and PIOB

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18 Mar, 2016

In January 2016, the Committee on Economic and Monetary Affairs (ECON) of the European Parliament made available a draft report on IAS evaluation and on activities of the IFRS Foundation, EFRAG and PIOB. Members of the Parliament (MEP) have now suggested changes to this draft report.

The suggestions are varied and range from clarifying over amending to changing sections of the draft report with respect to involvement of the European Parliament, financing, "public good", prudence, IFRS 9, convergence and many other topics. A document showing all motions for changes has been made available. Given that different MEP have commented on the same paragraphs (partly suggesting conflicting amendments), the document has grown rather long (54 pages vis-à-vis the original 10 pages). Please click to access the new document on the Parliament's website.

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