DRSC statement to the IFRS IC

On 06 November 2020, the DRSC submitted a statement to the IFRS IC regarding the preliminary agenda decision on Sale and Leaseback of an Asset in a Single-Asset Entity (IFRS 10/16).

Since the DRSC considers the result of the preliminary decision to be appropriate, it generally agrees with the agenda decision of the IFRS IC. However, according to the DRSC, explanations could be improved by clarifying whether the existence of the corporate shell has a significant impact on the transaction.

The complete statement can be found here.