Regulatory Alerts2026-03-17 | Decision No.E/ 7/2026Adoption of International Sustainability Disclosure Standards
The Financial Services Authority has adopted IFRS S1 and IFRS S2 as mandatory standards for the financial and sustainability reporting of listed public joint stock companies and financial institutions. Full compliance with IFRS S1 and most of IFRS S2 takes effect for reporting periods beginning on or after 1 January 2029, while Scope 3 greenhouse gas emissions disclosures under IFRS S2 are deferred until 1 January 2030. The regulator will issue supporting guidelines and templates, enforce compliance through warnings, suspensions, or professional removal, and provide ongoing technical direction to ensure consistent application.
Share