NAIC’s Position on International Financial Reporting Standards Model Nearing Final Version

May 26, 2010


National Association of Insurance Commissioners (“NAIC”) International Accounting Standards Working Group (“Working Group”) members are currently finalizing the attached memorandum specifying the NAIC’s tentative position on the expected International Financial Reporting Standards Model.

Several versions (tracked and untracked changes) of the document are attached for review, along with suggested preamble language from California regulators.

Working Group members will be voting on whether to adopt the tentative position.

Any modifications to the document must be made by Friday, May 28.



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