Author: EFRAG

🏃‍♂️ EFRAG was pleased to participate in the 20 km of Brussels, supporting the important work of SOS Villages d’Enfants Belgique. We are happy to share that we exceeded our fundraising objective, thanks to the generosity of all contributors 💙. A sincere thank you to everyone who supported this initiative. The donation page is still …

Read more “Together for a Cause: EFRAG Surpasses Fundraising Goal at 20 km of Brussels”

Tune in to the new episode of the EFRAG Update podcast to learn about the latest developments in sustainability and financial reporting standards. Highlights of this episode include: EFRAG Work Plan for the ESRS Simplification Mandate Final Endorsement Advice for IFRS 18: Presentation and Disclosure in Financial Statements EFRAG joins the Greenhouse Gas Protocol (GHG …

Read more “New EFRAG Update Podcast Episode Now Available: April Edition”

The European Union has published in its official journal a Commission Regulation endorsing Amendments to the Classification and Measurement of Financial Instruments (Amendments to IFRS 9 and IFRS 7).​ The Amendments primarily respond to a request from stakeholders to clarify certain aspects of the application guidance for assessing the contractual cash flow characteristics of financial …

Read more “EFRAG Endorsement Status Report – Update”

EFRAG has published its Draft Comment Letter (‘DCL’) on the IASB’s Exposure Draft Amendments to Greenhouse Gas Emissions Disclosures Proposed Amendments to IFRS S2 (the ‘ED’). Comments on EFRAG’s DCL are requested by 19 June 2025. This DCL contributes to the ISSB’s due process, in consideration of the applicability of the IFRS S2 to preparers …

Read more “EFRAG has published its Draft Letter on the IASB Proposed Amendments to IFRS S2 Greenhouse Gas Emissions Disclosures”

EFRAG is conducting a survey to gather insights into current practices in dynamic interest rate risk management, along with the related capabilities of banks, insurers, financial conglomerates, and other entities. This initiative is in anticipation of the forthcoming Dynamic Risk Management (’DRM’) model proposed by the IASB. The survey results will be used for the …

Read more “New EFRAG Survey on Current Practices in Dynamic Interest Rate Risk Management”

EFRAG has published its Draft Comment Letter (‘DCL’) on the ISSB’s Exposure Draft Amendments to Greenhouse Gas Emissions Disclosures Proposed Amendments to IFRS S2 (the ‘ED’). Comments on EFRAG’s DCL are requested by 20 June 2025. This DCL contributes to the ISSB’s due process, in consideration of the applicability of the IFRS S2 to preparers …

Read more “EFRAG has published its Draft Comment Letter on the ISSB Proposed Amendments to IFRS S2 Greenhouse Gas Emissions Disclosures”

The EFRAG Update summarises the public technical discussions and decisions taken at EFRAG over the past month, including open consultations, upcoming events, and current vacancies. Highlights of the month include: EFRAG Work Plan for the ESRS Simplification Mandate Final Endorsement Advice for IFRS 18 Presentation and Disclosure in Financial Statements EFRAG participation in the GHG …

Read more “April 2025 EFRAG Update”

Read the report of EFRAG’s virtual roundtable “Practical considerations of connecting financial and sustainability reporting”, which took place on 25 April. The roundtable consisted of an overview of EFRAG’s research project on connectivity, the presentation of a selection of illustrations, and follow-up discussions by eight experts with multi-functional backgrounds (three preparers, two users, two auditors, …

Read more “EFRAG Issues Roundtable Report: Connecting Financial and Sustainability Reporting”

As part of the VSME Ecosystem deliverables, dedicated to companies with less than 250 employees, EFRAG has released the first version of the VSME Digital Template and accompanying VSME XBRL Taxonomy, designed to support the Voluntary Sustainability Reporting Standard for SMEs (VSME) submitted as a technical advice to the European Commission in December 2024. EFRAG’s …

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EFRAG will host the second meeting of its SME Forum on Tuesday, 3 June 2025. While the main part of the session is reserved for SME Forum members, the final hour (12:35–13:30 CEST) will be open to the public. This public segment will present key takeaways from the Forum’s discussions. Following the issuance of its …

Read more “EFRAG to Host Second SME Forum Meeting”