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Amendments to IFRS 17 – AcSB

Date recorded:

At its meeting on December 11, 2019, the AcSB received an update on international developments relating to IFRS 17, including the discussions at the IASB during October to December 2019. The Board will continue to actively monitor developments and work with other national standard setters to stress the importance of a common global adoption date. The AcSB also considered changes to its Insurance Transition Resource Group’s mandate. The Board decided to expand the Group’s mandate to include advising the Board on documents developed by other parties, such as the Canadian Institute of Actuaries. The Board approved the Group’s revised Terms of Reference, subject to minor amendments.

Review the Executive Summary on the AcSB's Web site.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.