• SEC Proposes Accommodations to Address First-Time Application of IFRS for Foreign Issuers
  • April 6, 2004 | Authors: Mark S. Bergman; Raphael M. Russo
  • Law Firm: Paul, Weiss, Rifkind, Wharton & Garrison LLP - New York Office
  • On March 11, 2004, the SEC proposed certain changes to the disclosure requirements applicable to foreign private issuers registered with the SEC in order to provide one-time accommodations relating to financial statements prepared in accordance with International Financial Reporting Standards ("IFRS").