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AcSB Exposure Draft – Prepayment Features with Negative Compensation (Proposed amendments to IFRS 9)

  • IFRS - AcSB Image

Apr 21, 2017

On April 21, 2017, the Accounting Standards Board (AcSB) issued an Exposure Draft that corresponds to the IASB’s Exposure Draft on this topic. Stakeholders are encouraged to submit their comments by May 24, 2017.

The proposed amendments would allow for a narrow exception to IFRS 9 that would permit particular financial instruments with prepayment features with negative compensation to be eligible for measurement at amortized cost or at fair value through other comprehensive income.

Review the Exposure Draft on the AcSB's website.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.