Question/Topic |
Detailed description in Agenda Paper, paragraphs |
Staff recommendation |
Board decision |
Question 1(a) — Scope exclusion for credit cards |
2B, 6‒9 |
Consider further the feedback from respondents |
14 Yes |
Question 1(b) — Scope exclusion for loans |
2B, 10-14 |
Confirm the proposed amendment |
14 Yes |
Question 2 — Expected recovery of insurance acquisition cash flows |
2B, 15-21 |
Consider further the feedback from respondents |
14 Yes |
Question 3(a) — Contractual service margin attributable to investment services | Coverage units for insurance contracts without direct participation features |
2B, 22‒24 |
Consider further the feedback from respondents |
14 Yes |
Question 3(b) — Contractual service margin attributable to investment services | Coverage units for insurance contracts with direct participation features |
2B, 25‒27 |
Confirm the proposed amendment |
14 Yes |
Question 3(c) — Contractual service margin attributable to investment services |
2B, 28‒31 |
Consider further the feedback from respondents |
14 Yes |
Question 4 — Reinsurance contracts held — recovery of losses |
2B, 32‒36 |
Consider further the feedback from respondents |
14 Yes |
Question 5 — Presentation in the statement of financial position |
2B, 37‒41 |
Confirm the proposed amendment |
14 Yes |
Question 6 — Applicability of the risk mitigation option |
2B, 42‒47 |
Confirm the proposed amendment for reinsurance contracts held and consider further the feedback from respondents on non-derivative financial instruments measured at fair value through profit or loss |
14 Yes |
Question 7(a) — Effective date of IFRS 17 |
2B, 48‒53 |
Consider further the feedback from respondents |
14 Yes |
Question 7(b) — IFRS 9 temporary exemption in IFRS 4 |
2B, 54‒59 |
Consider further the feedback from respondents |
14 Yes |
Question 8(a) — Transition reliefs for business combinations |
2B, 60‒66 |
Confirm the proposed amendment and consider further the feedback from respondents on contracts acquired in their settlement period |
14 Yes |
Question 8(b)–(c) — Transition reliefs for the risk mitigation option |
2B, 67‒72 |
Confirm the proposed amendment and consider further the feedback from respondents on the prohibition from applying the risk mitigation option retrospectively |
14 Yes |
Question 9 — Minor amendments |
2B, 73‒77 |
Consider further the feedback from respondents |
14 Yes |
Question 10 — Terminology |
2B, 78‒82 |
Consider further the feedback from respondents as part of the discussion of Question 3 |
14 Yes |
Level of aggregation |
2C, 7‒13 |
Consider further the feedback from respondents on some specific contracts |
14 Yes |
Cash flows in the boundary of a reinsurance contract held |
2C, 14‒19 |
Do not plan to consider further the topic |
13 Yes |
Subjectivity in the determination of discount rates and the risk adjustment for non-financial risk |
2C, 20‒24 |
Do not plan to consider further the topic |
13 Yes |
Risk adjustment for non-financial risk in a consolidated group of entities |
2C, 25‒29 |
Do not plan to consider further the topic |
13 Yes |
Discount rate used to determine adjustments to the contractual service margin |
2C, 30‒36 |
Do not plan to consider further the topic |
13 Yes |
Other comprehensive income option for insurance finance income or expenses |
2C, 37‒41 |
Do not plan to consider further the topic |
13 Yes |
Business combinations| Contracts acquired in their settlement period |
2C, 42‒48 |
Consider further the feedback from respondents |
14 Yes |
Business combinations| Classification of contracts acquired |
2C, 49‒55 |
Do not plan to consider further the topic |
13 Yes |
Scope of the variable fee approach| Reinsurance contracts issued |
2C, 56‒62 |
Do not plan to consider further the topic |
13 Yes |
Interim financial statements |
2C, 63‒74 |
Consider further the feedback from respondents |
14 Yes |
Mutual entities issuing insurance contracts |
2C, 75‒79 |
Do not plan to consider further the topic and confirm the addition of the proposed footnote to the Basis for Conclusions on IFRS 17 |
13 Yes |
Additional transition modifications and reliefs |
2C, 80‒81 |
Consider further the feedback from respondents on additional specific transition modifications and reliefs |
14 Yes |
New concerns and implementation questions |
2C, 82‒85 |
Consider further the feedback from respondents |
14 Yes |