The comments sent by OIC in response to EFRAG’s preparatory document on IASB’s amendments to IAS 28 are now published.

On June 26th, IASB published the final version of the amendments to IAS 28 regarding the application of the fair value option to investments in associates and joint ventures.

Considering the link between this amendment and IFRS 18—which will come into force on January 1, 2027—EFRAG published a preparatory document for consultation on endorsement prior to the final publication of the amendments, based on the proposals contained in the Exposure Draft and IASB’s decisions following the consultation.

OIC supports the endorsement of these amendments.

The document is attached.