Japan updates list of 'designated' IFRSs
08 Jun 2021
The Financial Services Agency (FSA) of Japan has announced that additional IFRSs issued up until 31 March 2021 were designated for use by companies voluntarily applying IFRSs in Japan.
The newly designated IFRSs include:
- Covid-19-Related Rent Concessions beyond 30 June 2021 (Amendment to IFRS 16) and
- Interest Rate Benchmark Reform — Phase 2 (Amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16).
For more information, see the press release (in Japanese only) on the FSA website.