Date: 07 February 2024
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.