We encourage European support of IFRS 9

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10 Nov 2009

In a Letter to the European Commission, Deloitte Touche Tohmatsu has recommended the endorsement of IFRS 9 Financial Instruments, relating to the classification and measurement of financial instruments, for use in the European Union.

We had previously made a similar recommendation to the European Financial Reporting Advisory Group supporting its draft endorsement advice to the Commission (see our News Story of 8 November).
Click to view our Letter to the European Commission (PDF 64k).

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