IFRS Foundation Boards meet with Japanese counterparts

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02 Mar 2023

Representatives of the IASB and the ISSB have met with the ASBJ and the SSBJ, respectively.

While the Accounting Standards Board of Japan (ASBJ) is a long-established standard setter that has worked closely with the IASB for many years, the Sustainability Standards Board of Japan (SSBJ) has only recently been set up. It is working on its own set of sustainability disclosure standards with exposure drafts to be issued no later than 31 March 2024 and final standards to be issued no later than 31 March 2025. The SSBJ plans to incorporate ISSB Standards into the Japanese requirements.

There are press releases on both meetings on the IFRS Foundation website:

 

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