Dynamic Risk Management – International Accounting Standards Board
At its meeting on November 22-24, 2022, the IASB met to begin discussions on the next phase in the development of the Dynamic Risk Management (DRM) model. The IASB discussed: (i) whether equity is eligible for inclusion in determining an entity’s current net open risk position; and (ii) whether a previous tentative decision to require notional alignment between the asset profile and the target profile in the DRM core model is still necessary following the recent refinements to the DRM model. Following a discussion the IASB made tentative decisions in respect of both of these items. The IASB will continue its discussions on the topics identified in the project plan at future meetings.
Review the IASB Update and podcast on the Board's Web site.