IFRS Foundation Trustees and Due Process Oversight Committee hold June 2020 meeting

  • IFRS Trustees meeting (blue) Image

06 Jul, 2020

The IFRS Foundation Trustees and the Due Process Oversight Committee (DPOC) met by video conference on 9–11 June 2020.

Meeting activities included the following:

  • Executive session:
    • Report of the Executive Director — The Trustees received a report from the Executive Director Lee White on activities since the last meeting.
    • Strategy review — The Trustees progressed in more detail their discussion from the February meeting.
    • IFRS Foundation Advisory Council — The Trustees received a presentation from the Chair of the Advisory Council on his work in assessing how the Council can best provide strategic advice for the Trustees and the Board.
    • Committee reports — The Trustees discussed reports from the Business Process and Technology Committee, the Audit and Finance Committee, the Human Capital Committee, the Nominating Committee, and the DPOC. (A report of the DPOC meeting is attached to the meeting summary.)
  • IASB Chairman’s report — The Chair of the IASB provided the Trustees with a general update on the IASB’s technical activities, especially on the continuing discussion in the EU about endorsement of IFRS 17 Insurance Contracts.

For more information, see the press release and the full summary on the IFRS Foundation Trustees’ and DPOC meeting on the IASB’s website.

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