We now have more clarity over two further proposed amendments to the new insurance standard, IFRS 17 Insurance Contracts:
At its December meeting, the International Accounting Standards Board (the Board) progressed its re-deliberation plan by confirming these two topics, as well as finalising, as drafted in the ED, the six amendments proposed at its November meeting which did not require substantive re-deliberation.
For further detail and next steps, please click here.
For further details on IFRS 17, contact Brian Morrissey, Head of Insurance, via this form.