Response 1 - Deloitte LLP

Deloitte.

Deloitte LLP 1 New Street Square London EC4A 3HQ

Phone: +44 (0)20 7936 3000 Fax: +44 (0)20 7583 1198 www.deloitte.co.uk

1 October 2024

Pauline Wallace Chair UK Endorsement Board 1 Victoria Street London SW1H 0ET

To be sent via email to: [email protected]

Dear Pauline

We welcome the opportunity to respond to the UK Endorsement Board's invitation to comment on its draft endorsement criteria assessment of amendments to the classification and measurements of Financial Instruments that were published by the International Accounting Standards Board in May 2024.

We strongly support a single set of global corporate reporting standards and such we fully support the endorsement of the amendments to IFRS 9 and IFRS 7.

Yours sincerely

Vice-Chair and UK National Head of Accounting and Corporate Reporting

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