The secretariat of Insurance Europe has worked with the CFO Forum on two letters highlighting the disruptive nature of potential interpretations this late in the implementation process and ensuring that any tentative agenda decisions made do not include any form of interpretation of the IFRSs, for which standard setting activity would be required. You will find below:
- a. One letter addressed to the IFRS IC raising the risk of disruption, the scope of the IFRS IC interpretation and recommendation to the IFRIC IC – draft
- b.One letter addressed to EFRAG, expressing support for the letter drafted by EFRAG but not getting into the technical aspect of IFRIC’s tentative agenda decision. – draft