Commission Regulation (EU) No 2015/29 of 17 December 2014

The Commission Regulation (EU) No 2015/29 of 17 December 2014, published in the Official Journal of the European Union L 5 on 9 January 2015, adopts Amendments to IAS 19 – Defined Benefit Plans: Employee Contributions.

The amendments aim to simplify and clarify the accounting for employee or third party contributions linked to defined benefit plans.

Each company shall apply the amendments, at the latest, as from the commencement date of its first financial year starting on or after 1 February 2015.