Post-Implementation Reviews (PIRs) of Non-Compliance with Laws and Regulations (NOCLAR) and the Restructured Code

Objective

The PIRs projects objectives are to:

(a)          Determine whether the NOCLAR provisions and the enhanced structure and drafting of the Restructured Code are being

              consistently understood and implemented in a manner that achieves the IESBA’s intended purposes in developing the standards,

(b)          Identify practical challenges and concerns regarding the application of these standards; and

(c)          Determine what actions, if any, are needed to address identified matters.

 

IESBA Staff

Kam Leung

Jeanne Viljoen

Board Advisors

Saadiya Adam

Rania Uwaydah

Sung-Nam Kim

IESBA SEPTEMBER 2025 MEETING HIGHLIGHTS

The IESBA considered and supported the Project Team’s proposed objectives, scope and approach for the two PIRs on (1) the non-compliance with laws and regulations (NOCLAR) standard, and (2) the restructured Code. IESBA members discussed and emphasized the importance of understanding, among others:

  • The impact of the standard, including evidence of effective implementation; and
  • How the standard has been adopted and implemented in various jurisdictions, including the rationale for any modifications or carve-outs.   

The IESBA will consider for approval draft surveys of stakeholders for the PIRs at its December 2025 meeting.

Board Papers

September 2025