Insurance EuropeInsurance Europe
Position Paper
Response to consultation on the impact of IFRS in the EU

Insurance Europe believes that the objective of the International Accounting Standards (IAS) regulation is still valid and adequate in the current environment. It does not see any reason to pursue new or different goals. Transparency and comparability of financial reporting across countries remain central to the efficient operation of the EU single market. In our opinion, the IAS Regulation ensures that these characteristics are safeguarded.

Published 7 November 2014
Olav Jones
Olav Jones
Deputy director general/Director, economics & finance