IFRS Foundation Trustees announce five-year plan including new seat of the ISSB in Geneva

The IFRS Foundation Trustees announced a five-year operating and financing plan on 18 August 2026 covering both the IASB and the ISSB. For the ISSB, the plan provides a path for resourcing through 2031 and confirms that a Geneva office is expected to open in mid-2027 as the seat of the ISSB. The Montreal office will continue to host key functions, while Frankfurt remains the hub for EU engagement.\n\nThe same announcement opened consultation on targeted amendments to the IFRS Foundation Constitution until 16 November 2026. The proposals would support the previously announced transition of both boards to ten members from 2028 and address board composition and voting arrangements.\n\nMateriality: major institutional governance and operating-capacity update. It changes the ISSB institutional operating model and long-term resourcing pathway, but it does not amend IFRS S1, IFRS S2 or any current disclosure requirement.\n\nImplementation relevance: reporting entities do not need to change present disclosure processes because of this announcement. Jurisdictions, standard setters and institutional users should monitor the constitutional consultation and the ISSB operating-model transition because these measures shape the board capacity supporting standards development, adoption and implementation through 2031.\n\nKnowledge Graph: linked to the ISSB standards trajectory before publication. The exact title, event date, institutional identity and canonical source URL were verified against the IFRS Foundation official news page and official consultation record on 22 August 2026.