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UK FSA letter to CEOs on IFRSs

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31 Oct 2004

The UK Financial Services Authority has written to the CEOs of all listed companies reminding them of the need for disclosure of their application of IAS 39 (particularly if they elect to follow the EC version with two 'carve-outs') and stating that FSA will allow listed companies 120 days, rather than the normal 90 days, to prepare their first half-yearly accounts under IFRSs.

Click to Download the FSA Letter (PDF 195k).

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