Response 4 - KPMG

KPMG LLP Audit 15 Canada Square London E14 5GL United Kingdom

Our ref: JG/SH

Paul Lee Chair UK Endorsement Board 6th Floor 10 South Colonnade London E14 4PU

By email to: [email protected]

17 July 2026

Dear Mr Lee

KPMG in the UK (“we”) welcome the opportunity to respond to the UK Endorsement Board’s invitation to comment on its draft endorsement criteria assessment of the amendments to IAS 21 that were published by the International Accounting Standards Board in November 2025.

We believe in a single set of globally consistent financial reporting standards and therefore support the adoption of these amendments in the UK.

Our global network, KPMG IFRG Limited, provided a detailed comment letter to the IASB on the Exposure Draft in November 2024, which is available via this link.

Yours sincerely

KPMG LLP

KPMG LLP, a UK limited liability partnership and a member firm of the KPMG global organisation of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee.

Registered in England No OC301540 Registered office: 15 Canada Square, London, E14 5GL For full details of our professional regulation please refer to ‘Regulatory information’ under ‘About’ at www.kpmg.com/uk