Rate-regulated Activities – International Accounting Standards Board

Date recorded:

At its meeting on May 23-27, 2022, the IASB met to discuss the main features of different regulatory schemes, the advice from the Consultative Group for Rate Regulation on how the IASB might respond to feedback on its proposals on total allowed compensation in the Exposure Draft and its plans for redeliberating specific topics relating to the proposals on total allowed compensation. The IASB was not asked to make any decisions. At this meeting, the IASB also continued to redeliberate the scope of the proposals. In particular, the IASB discussed (i) application questions relating to the term ‘customers’ in the Exposure Draft; and (ii) the potential scope exclusion of regulatory assets or regulatory liabilities relating to financial instruments within the scope of IFRS 9. The IASB will continue to redeliberate the project proposals at future meetings.

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.