This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice (http://www2.deloitte.com/ca/en/legal/cookies.html) for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

Interest Rate Benchmark Reform – Phase II – International Accounting Standards Board

Date recorded:

At its meeting on January 30, 2020, the IASB met, discussed and made tentative decisions with respect to: (i) the relationship between the Board’s tentative decisions to date in Phase 2 of the project and the end of application requirements for the Phase 1 amendments to IFRS 9 and IAS 39; (ii) the potential effects of IBOR reform on IFRS Standards other than those related to financial instruments accounting (such as IFRS 4, IFRS 13, IFRS 16 and IFRS 17); and (iii) the potential disclosure requirements to accompany the Board’s tentative decisions for Phase 2 of the project. At future Board meetings, the Board will discuss the end of application of the amendments proposed in Phase 2 of the project; voluntary or mandatory application of the proposed amendments; the transition and effective date of the proposed amendments; and due process steps.

Review the IASB Update and podcast on the Board'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.