New accounting legislation.

The International Accounting Standards Board has announced that it is going to approve a new regulation which will force companies to include in their balances future expenses related to rental agreements.

This novelty that comes from a long period of negotiations will be required from 2019 but it will be possible to implement it previously. According to what experts say this new measure will suppose a larger debt for Spanish companies, notwithstanding that this measure is meant to improve transparency for listed companies.