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Japan updates list of 'designated' IFRSs

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16 Mar 2018

The Financial Services Agency (FSA) of Japan has announced that additional IFRSs issued up until 31 December 2017 were designated for use by companies voluntarily applying IFRSs in Japan.

Newly added IFRSs are:

  • amendments to IAS 28 on measurement of long-term interests in associates and Joint Ventures (issued in October 2017);
  • amendments to IFRS9 on prepayment features and modifications of financial liabilities (issued in October 2017); and
  • annual improvements 2015-2017 (issued in December 2017).

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

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