New IASB webcasts in respect of the dynamic risk management project
Apr 03, 2023
On April 3, 2023, the IASB technical staff released two new webcasts on the Dynamic Risk Management (DRM) project. The webcasts focus on recent developments and tentative decisions made by the IASB in relation to the project.
In the first webcast, the staff explains the recent tentative decisions made regarding items eligible for inclusion in the current net open risk position (CNOP). Financial assets measured at fair value through other comprehensive income may be included in the CNOP, while a company’s own equity and financial assets measured at fair value through profit or loss cannot be designated in the CNOP.
In the second webcast, the staff explains the tentative decisions made in the IASB’s redeliberation on the performance assessment, which will no longer require a retrospective test against the target profile but instead a capacity assessment.
Review the press release on IFRS's website.
