IASB Foundation plans to open Asia-Oceania liaison office in Tokyo

11 February 2011

The IFRS Foundation announced its intention to establish an office in Tokyo for enhanced liaison in the Asia-Oceania region.

While the IASB technical staff will remain based in London, the establishment of the Tokyo office will expand opportunities for direct contact between the IFRS Foundation and its stakeholders in the region. 

The IFRS Foundation anticipates that Foundation and IASB resources will be deployed in Tokyo to assist in ongoing consultations and to provide assistance to those countries using or planning to adopt IFRSs.

The announcement was made after the first day of a two-day meeting of the IFRS Foundation Trustees in Tokyo. The Trustees also discussed their ongoing strategy review, reviewed the IASB’s ongoing convergence work, and considered proposals to discuss an enhanced role for the Trustee Due Process Oversight Committee. A summary of the conclusions reached will be published following the meeting.

Press release

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