At its meeting on April 27-28, 2021, the IASB met to hear a summary of feedback gathered between October 2020 and February 2021 from banks that use dynamic risk management to manage interest rate risk. The Board discussed feedback on topics that significantly affect the viability and operability of the accounting model for dynamic risk management, including: interest rate risk management strategies; target profile; designation of expected cash flows and impact on imperfect alignment; and recognition of fair value changes in other comprehensive income. The Board was not asked to make any decisions. The Board will discuss plans for redeliberating the significant topics at the next meeting.

Review the IASB Update and podcast on the Board's Web site.

At its meeting on April 27-28, 2021, the IASB met to continue its discussions on potential refinements to disclosure proposals explored in its 2018 Discussion Paper Financial Instruments with Characteristics of Equity—namely, proposals for disclosure of information about terms and conditions, priority on liquidation and potential dilution. These disclosure proposals relate to financial instruments an entity issues and, if finalized, would be incorporated into IFRS 7 Financial Instruments: Disclosures. The Board made a number of tentative decisions and will continue to discuss disclosures for information about priority on liquidation and other topics included in the project plan discussed at the October 2019 Board meeting.

Review the IASB Update and podcast on the Board's Web site.

At its meeting on April 27-28, 2021, the IASB met to discuss feedback on its Discussion Paper, Business Combinations—Disclosures, Goodwill and Impairment, specifically feedback from users of financial statements and feedback on improvements to the disclosure requirements in IFRS 3, Business Combinations. The Board was not asked to make any decisions. The Board will continue discussing feedback on the Discussion Paper at its next meeting.

Review the IASB Update and podcast on the Board's Web site.

At its meeting on April 27-28, 2021, the IASB met to redeliberate the proposals in the Exposure Draft, General Presentation and Disclosures, relating to principles of aggregation and disaggregation and roles of the primary financial statements and the notes. The Board made a number of tentative decisions in this regard. The Board also discussed the implications of digital reporting for the requirements in the new Standard but was not asked to make any decisions. The Board will continue to redeliberate the project proposals at a future meeting.

Review the IASB Update and podcast on the Board's Web site.