Draft Comment Letter: IASB Exposure Draft—Financial Instruments with Characteristics of Equity: Proposed Amendments to IAS 32, IFRS 7 and IAS 1

The UKEB today issued a Draft Comment Letter for public consultation in response to the IASB’s Exposure Draft on Financial Instruments with Characteristics of Equity: Proposed amendments to IAS 32, IFRS 7 and IAS 1.

The UKEB is broadly supportive of the proposals. The draft comment letter identifies several possible enhancements. Stakeholder views on the UKEB’s Draft Comment Letter are welcome.

Stakeholders are invited to provide feedback either via the Invitation to Comment form or by email to UKEndorsementBoard@endorsement-board.uk. Comments are welcome until midday 8 March 2024.

For further detail on the Financial Instruments with Characteristics of Equity: Proposed Amendments to IAS 32, IFRS 7 and IAS 1 Exposure Draft, see the UKEB project page and the IASB website.