Consistency Accountability Statement
Amendments to the Fair Value Option for Investments in Associates and Joint Ventures (Amendments to NZ IAS 28)
| Agency | External Reporting Board (XRB) |
| Portfolio | Commerce & Consumer Affairs |
| Legislative authority to make the secondary legislation | Section 12 of the Financial Reporting Act 2013 |
| Date signed by the Chief Executive | 18 August 2026 |
| Identification number | XRB 2026/61 |
I confirm that the XRB has assessed the Amendments to the Fair Value Option for Investments in Associates and Joint Ventures (Amendments to NZ IAS 28), and the process for developing it, for consistency with the principles of responsible regulation as set out in section 9 of the Regulatory Standards Act 2025.
The XRB has not identified any inconsistencies with the principles of responsible regulation.
Wendy Venter
Chief Executive
External Reporting Board
CAS Amendments to NZ IAS 28 2026