EFRAG consults on IAS 39 & IFRS 7

08 December 2008

EFRAG is consulting both on the updated amendment against the EU endorsement criteria and on the costs and benefits that would arise from the implementation of the updated amendment in the EU.

EFRAG requests comments on its initial assessments of the update to the amendment to IAS 39 & IFRS 7 Reclassification of Financial Assets “Effective Date and Transition” against the EU endorsement criteria

 

It is consulting both on its assessment of the updated amendment against the EU endorsement criteria and on its initial assessment of the costs and benefits that would arise from the implementation of the updated amendment in the EU.

 

Deadline for comments is 8 January 2009.

 

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