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IFRS Foundation Trustees and Due Process Oversight Committee hold June 2021 meeting

  • IFRS Trustees meeting (blue) Image

24 Jun 2021

The IFRS Foundation Trustees and the Due Process Oversight Committee (DPOC) met by video conference on 15-17 June 2021.

Meeting activities included the following:

  • Executive session:
    • Report of the Chair of the Trustees — Erkki Liikanen updated the Trustees on recent meetings with key stakeholders both on the current work of the Foundation and the development of the Foundation’s strategy on sustainability reporting.
    • Report of the Executive Director — The Trustees received a report from the Executive Director Lee White on activities since the last meeting.
    • Update on sustainability reporting — The Trustees discussed progress on sustainability reporting and development of the proposed ISSB. They focused on the development of a business plan and target operating model for the ISSB, and on funding.
    • Agenda consultation — The Trustees received a presentation on the IASB’s Agenda consultation.
    • IASB Chairman’s report — The Chair of the IASB informed the Trustees on the Board’s activities in March to May 2021.
    • Committee reports — The Trustees discussed reports from the Business Process and Technology Committee, the Audit, Finance and Risk Committee, the Human Capital Committee, the Nominating Committee, and the DPOC. (A report of the DPOC meeting is attached to the meeting summary.)
  • Other meetings:
    • Following their meeting, the Trustees held their annual meeting with the IFRS Foundation Monitoring Board to discuss the Foundation’s operations and strategy.

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

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