International Financial Reporting Standards

ISDA’s work with the IASB, the European Commission and the UK's Department of Trade and Industry


DateTitle / DescriptionDocuments
January 16, 2015
ISDA response to IASB draft on measuring quoted investments in subsidiaries, JVs and associates at fair value
On January 16, ISDA’s Accounting Committee responded to a consultation by the International Accounting Standards Board (IASB) seeking feedback and views from all stakeholders on measuring quoted investments in subsidiaries, joint ventures and associates at fair value (ED/2014/4).
ISDA response IASB ED on quoted subsidiaries final isda website.pdf
November 28, 2014
ISDA response to the IVSC exposure draft on the valuation of equity derivatives
On November 28, the Accounting Committee responded to a consultation issued by the International Valuation Standard Council seeking feedback and views from all stakeholders on complex equity derivatives valuation topics.
IVSC equity derivatives final isda.pdf
November 10, 2014
ISDA response to EC consultation on the impact of IFRS in the EU
On November 7, ISDA’s Accounting Committee responded to a consultation issued by the European Commission (EC) seeking views from all stakeholders on their experience of Regulation 1606/2002 (the IAS Regulation), which pursues the adoption and use of international accounting standards in the European Union (EU), with a view to harmonising the financial information and its impact on cross-border transactions, cost of capital, investor protection, transparency and comparability of financial information across the EU and confidence in the financial markets.
ISDA response to EC consultation  on the impact of IFRS in the EU.pdf
October 17, 2014
ISDA response to IASB DP - Accounting for dynamic risk management: a portfolio revaluation approach to macro hedging
On October 17, ISDA submitted its response to the International Accounting Standards Board (IASB) discussion paper (DP) on accounting for dynamic risk management. The DP explores an approach to better reflect entities’ dynamic risk management activities in their financial statements.
ISDA comment letter on IASB DP Dynamic Risk Management final 1.pdf
February 28, 2014
ISDA comment letter on IVSC’s exposure draft on ‘Credit and Debit Valuation’
On February 28, ISDA responded to the International Valuation Standard Council (‘IVSC’) exposure draft on ‘Credit and Debit Valuation’
ED IVSC CVA DVA final no signatures.pdf
January 14, 2014
ISDA response to IASB Discussion Paper (DP/2013/1) – A Review of the Conceptual Framework for Financial Reporting
On January 14, ISDA responded to the International Accounting Standards Board (IASB) Discussion Paper DP/2013/1 – A Review of the Conceptual Framework for Financial Reporting. The framework sets out the concepts that underpin the preparation and presentation of financial statements. It identifies principles for the IASB to use when it develops and revises international accounting standards and takes account of areas that have previously caused problems and that need updating.
ISDA conceptual framework 14012014.pdf
September 25, 2013
ISDA response to the report 'Should IFRS Standards be more European'
On September 25, ISDA responded to the draft report by Philippe Maystadt 'Should IFRS Standards be more European' (“the Report”) in order to reinforce the European Union's contribution to International Financial Reporting Standards (IFRS) (“the Review”).
ISDA letter to Mr Philippe Maystadt  24092013 final.pdf
September 9, 2013
ISDA letter to the EP re. Accounting and Financial Reporting
On September 9, ISDA wrote to Mr Theodor Stolojan (MEP) regarding Accounting and Financial Reporting and the role of EFRAG and the 'True and Fair View' and 'Prudence'.
ISDA Letter to MEP Theodor Stolojan final.pdf
July 4, 2013
EFRAG’s endorsement advice on Novation of Derivatives (IAS 39)
The European Commission has requested EFRAG to deliver its endorsement advice on the Novation of Derivatives to CCPs as soon as possible. As a consequence EFRAG requests from its constituents their assessments of the amendments from an endorsement advice criteria perspective.
EFRAG Novation endorment letter 4 July 2013.pdf
June 25, 2013
ISDA letter to EFRAG’s Public Consultation: is there a need for specific financial reporting for long-term investing activities business models?
ISDA response to the EFRAG public consultation considering possible ways for supporting long-term investment, questioning more specifically if investments held with a long term horizon are best represented when measured at fair value.
EFRAG LT consultation final.pdf