1 November 2011: Canadian regulator decides against allowing early adoption of recent IFRSs by certain entities

Posted by on 1 November, 2011
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The Canadian Office of the Superintendent of Financial Institutions (OSFI), an independent agency of the Government of Canada that supervises and regulates Canadian banks, insurers, and federally registered private pension plans, has issued a letter in which it concludes entities which it regulates should not early adopt many standards recently issued by the IASB.

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