IFRS 20 Regulatory Assets and Regulatory Liabilities
Project Type:
Endorsement
Status:
Active
On 27 May 2026 the International Accounting Standards Board (IASB) published IFRS 20 Regulatory Assets and Regulatory Liabilities. IFRS 20 is effective for reporting periods beginning on or after 1 January 2029. Earlier application is permitted.
Background
IFRS 20 is a new IFRS Accounting Standard aimed at improving financial reporting for entities subject to a specific type of rate regulation.
In January 2021 the International Accounting Standards Board (IASB) published the Exposure Draft ED/2021/1 Regulatory Assets and Regulatory Liabilities (ED). The UKEB responded to this ED, see the Final Comment Letter - Regulatory Assets and Regulatory Liabilities below which was published on 4 August 2021.
Refer to this project webpage for details of the UKEB’s influencing project on the ED.