ASCG comment letter to the IFRS IC

Today, we have submitted a comment letter to the IFRS IC, addressing the decisions taken during the IFRS IC’s meetings in November 2018.

We do not agree with the tentative decisions on issues about IFRS 16/IAS 38 (cloud services) and IFRS 9 (contracts with physical settlement) and therefore comment on these in more detail in our comment letter.