Summary of joint outreach event on macro hedging
23 Oct 2014
The European Financial Reporting Advisory Group (EFRAG), the European Federation of Financial Analysts Societies (EFFAS) and the Association Belge des Analystes Financiers (ABAF), and the International Accounting Standards Board (IASB) have made available a summary of the discussions held during their outreach event held on 7 July 2014, which discussed the proposals and the potential impact of the IASB’s Discussion Paper ‘Accounting For Dynamic Risk Management: A Portfolio Revaluation Approach’.
The topics discussed at the meeting included:
- A view of current practices in the banking and insurance industries and from analysts on how the information is understood and used.
- Initial thoughts from IASB member Martin Edelmann and EFRAG Chairman Françoise Flores concerning the discussion paper.
- Initial thoughts from attendees on the DP and the view given by the EFRAG.
For more information, see the press release and report on the EFRAG's website.