IFRS Foundation Trustees issue changes to the Constitution

The Trustees of the IFRS Foundation have amended the organisation’s Constitution.
The main changes are:
- a reduction in the number of Board members from 16 to 14, which is the number of members the Board has been operating with for a while;
- amendments to the geographical distribution of Board members and Trustees; and
- amendments to Board members’ and Trustees’ professional background requirements.
The updated version of the Constitution will be effective from 1 December 2016.