We welcome the approach EFRAG has taken to this consultation and welcome the engagement with stakeholders through the standard setting process. We welcome this public consultation and the opportunity to respond.
We support the EFRAG’s objective of a rigorous and transparent due process that underpins the standard setting and also agree with the proposed due process procedures that address the principles of transparency, public consultation and impact.
To meet the growing demands of investors, policymakers, and other stakeholders, a reporting