IBOR Reform – Private Enterprise Advisory Committee
Date recorded:
At its meeting on May 26, 2021, the Private Enterprise Advisory Committee discussed proposals to amend Section 3856, Financial Instruments, addressing issues related to debt modification and hedge accounting resulting from IBOR reform. The Committee advised the AcSB on which industries in the private sector are most likely to be affected by the proposals. The Committee also advised on improving the drafting of the proposals.
Review the meeting notes on the AcSB's Web site.