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Letter from the IFRS Council of Japan to the Chair of the Board of Trustees of the IFRS Foundation

September 16, 2021

 The IFRS Council of Japan, in which JICPA participates as a member, announced that it had sent a letter to the Chair of the Board of Trustees of the IFRS Foundation on 31 August 2021 related to the International Sustainability Standards Board (ISSB), which the IFRS Foundation is considering establishing.

For more details, please visit FASF website: https://www.asb.or.jp/en/discussions/comment_letter/ifrs_foundation/y2021/2021-0902.html

  • The IFRS Council of Japan is a conference body established for the purpose of gathering and exchanging the opinions of Japanese market participants related to International Financial Reporting Standards (IFRS) and comprises 9 organizations(Keidanren (Japan Business Federation (JBF)), the Japanese Institute of Certified Public Accountants (JICPA), Japan Exchange Group/ Tokyo Stock Exchange, Inc. (JPX/TSE), the Securities Analysts Association of Japan (SAAJ), Accounting Standards Board of Japan (ASBJ), Financial Accounting Standards Foundation (FASF), Financial Services Agency (FSA), Ministry of Economy, Trade and Industry (METI), and Ministry of Justice (MOJ)). In addition to the organizations mentioned above, 7 organizations (Government Pension Investment Fund (GPIF), Japanese Bankers Association (JBA), Japan Securities Dealers Association (JSDA), the Life Insurance Association of Japan (LIAJ), the General Insurance Association of Japan (GIAJ), Japan Investment Advisers Association (JIAA) , and Ministry of the Environment (MOE)) also support the objectives of this letter.

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