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April 2008


Response to CESR consultation on the equivalence of Canadian and South Korean GAAP

The Exchange has responded to CESR’s consultation on the equivalence of Canadian and South Korean GAAP.

We commend CESR on the work it has undertaken to assess the adoption programs for IFRS that are in place in Canada and South Korea – we believe this assessment is concise and thorough. We are supportive of the conclusions reached by CESR and the resultant advice that the Commission should accept both Canadian and South Korean GAAP.  

Downloads

London Stock Exchange response to CESR Canadian South Korean GAAP (pdffile pdf - 42 KB)

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