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World Accounting Report

Europe update: October 2019

EFRAG

EFRAG has already published its draft letter 1 to the European Commission recommending that the IASB’s amendments intended to provide relief to companies facing uncertainties as a result of regulatory reforms of interest-rate benchmarks are adopted into EU law. It has also published its final comment letter to the IASB on its proposed amendments to IFRS 17, Insurance Contracts.

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