In transition - the latest on IFRS 17 implementation - Dec 2019

In transition - the latest on IFRS 17 implementation - Dec 2019

Publication date: 13 Dec 2019

Detailed guidance

Detailed guidance
At its December 2019 meeting, the IASB considered eight of the 19 topics arising from the Exposure Draft ‘Amendments to IFRS 17’, extending the scope of the amendment for recovery of losses on reinsurance contracts held to all reinsurance contracts held on the date of recognition of onerous direct contracts. The latest ‘In transition’ summarises the discussion and next steps from the latest IASB meeting.
 
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