UKEB adopts the IFRS 19 Subsidiaries without Public Accountability: Disclosures

The UKEB has today published IFRS 19 Subsidiaries without Public Accountability: Disclosures. It was issued by the IASB in May 2024, and formally adopted by the UKEB, for use in the UK, on 8 May 2026. IFRS 19 is a voluntary reduced disclosure IFRS Accounting Standard. It permits eligible subsidiaries to apply the recognition, measurement and presentation requirements of IFRS Accounting Standards but with reduced disclosure requirements.

The Standard, which includes the amendments published in May 2024, December 2024 and August 2025, is effective for annual reporting periods beginning on or after 1 January 2027, with early application permitted.

The text of the new Standard, part of UK-adopted international accounting standards, can be found on our website.

For more information on the UKEB’s approach to this project, visit our IFRS 19 Subsidiaries without Public Accountability: Disclosures webpage.

We would like to thank all stakeholders who contributed to this project.