Tuesday 26 March 2019

UK: Commons approve the draft International Accounting Standards and European Public Limited-liability Company (Amendment etc) (EU Exit) Regulations 2019

It was, perhaps, easy to miss. Hansard reports that yesterday, at the end of the day, the House of Commons approved the draft International Accounting Standards and European Public Limited-liability Company (Amendment etc) (EU Exit) Regulations 2019: see here. Further information about the Regulations, which set out the framework for the adoption of International Financial Reporting Standards after the UK leaves the European Union, is available in the accompanying explanatory memorandum: see here (pdf). When made, the Regulations will be published here.

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