Japan updates list of 'designated' IFRSs

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06 Dec 2016

The Financial Services Agency (FSA) of Japan has announced that additional IFRSs issued up until 30 June 2016 were designated for use by companies voluntarily applying IFRSs in Japan.

Among the newly designated IFRS is also IFRS 16 Leases issued by the IASB in January 2016.

For more information, see the press release (in Japanese only) on the FSA website.

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