The Committee of European Securities Regulators (CESR) has published a comment letter regarding International Accounting Standards Board’s (IASB) exposure draft of proposed amendments to IAS 24 regarding relationships with the State.

CESR generally supports the comment letter prepared by the European Financial Reporting Advisory Group (EFRAG) and shares EFRAG's concerns regarding the inconsistency between para 17B and the scope of the standard. CESR supports an amendment to para 17B in order to achieve consistency with the scope.

View CESR comments on IASB’s exposure draft of proposed amendments to IAS 24 relationships with the State, 16 March 2009