Amendments to the Classification and Measurement of Financial Instruments – International Accounting Standards Board
Date recorded:
At its meeting on October 18-20, 2022, the IASB met to discuss proposed amendments to IFRS 7 and IFRS 9. The proposed amendments to IFRS 7 add disclosure requirements to complement the clarifying amendments the IASB tentatively decided to make to the requirements in IFRS 9 in September 2022 for assessing the contractual cash flow characteristics of financial assets. The IASB made a number of tentative conclusions with respect to the proposed amendments to IFRS 7 and IFRS 9. The IASB will decide whether to begin the balloting process for the Exposure Draft planned to be issued in the first half of 2023.
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