UKEB ISSB Consultation and call for UKEB Investor Advisory Group members
News types: Codes and Standards Announcements, Consultation Announcement, Generic Announcement, Response
Published: 13 July 2023
Issued on behalf of the UKEB
UKEB Investor Advisory Group (IAG)
The UKEB has launched a campaign to recruit additional members for its Investor Advisory Group (IAG).
The group is Chaired by a UKEB Board member and provides the Board with specialist knowledge, information, and advice.
Further information on the role and how to apply, can be found here.
The closing date for applications is 4 September 2023.
Applications should be sent to: [email protected] .
The UKEB is keen to ensure that the group’s membership represents a diverse range of skills, experience, and backgrounds, and welcomes applications from all interested parties.
UKEB Consultation Open for Comment:
Draft Comment Letter for International Sustainability Standards Board (ISSB) Request for Information
The ISSB has recently published an RfI to inform its initial two-year work plan. The UKEB today issued a draft comment letter for public consultation in response to the ISSB’s RfI and is seeking UK stakeholder feedback.
The UK Government has asked the UKEB to consider connectivity between the ISSB Sustainability Disclosure Standards and IASB Accounting Standards. The UKEB’s letter is therefore focused on this specific area.
Please read the draft comment letter here. Stakeholder feedback can be provided either via the Invitation to Comment form or by email to [email protected]. Stakeholder comments are welcome until midday on 23 July 2023. Tentative Decision on UK Adoption of International Tax Reform: Pillar Two Model Rules (Amendments to IAS 12)
The UKEB Board made a tentative decision at its public Board meeting today to endorse the Amendments to IAS 12 International Tax Reform: Pillar Two Model Rules . The Amendments introduce a temporary exception to the accounting for deferred taxes arising from the Pillar Two model rules, a requirement to disclose that the exception has been applied and further targeted disclosure requirements. The result of the formal written vote is expected to be published no later than Thursday 20 July.