ESMA issues public statement on amendment to IFRS 16 Leases
The European Securities and Markets Authority (ESMA) issued on 21 July a public statement on the amendment to IFRS 16 Leases regarding the accounting for COVID-19-related rent concessions. ESMA issued the public statement as, at the time of preparing the half-year financial reports, the IFRS 16 amendment is yet to be adopted pursuant to the EU endorsement procedure.
For further information, please contact
Tiina Visakorpi, Head of Unit, tel. +358 9 183 5383 or tiina.visakorpi(at)finanssivalvonta.fi
The corresponding Finnish-language news release was published on 21 July 2020.