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IFRS Taxonomy Update (Interest Rate Benchmark Reform – Phase 2) [ED]

Comment period ends on Sep­tem­ber 28, 2020

Next steps:

The IASB plans to re­view the Pro­posed Up­date feed­back in October 2020

Last up­dated:

August 2020

 

Overview

On August 27, 2020, the IFRS Foun­da­tion pub­lished a Pro­posed Tax­on­omy Up­date, “Interest Rate Benchmark Reform – Phase 2”. Com­ments are re­quested by Sep­tem­ber 28, 2020.

The pro­posed up­date reflects the Interest Rate Benchmark Reform—Phase 2, issued in August 2020, which amends IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16.

For more in­for­ma­tion, see the press re­lease and pro­posed up­date on the IASB’s web­site.

 

Other developments

August 2020

On August 28, 2020, IASB staff up­dated the Work Plan to in­di­cate that the Board plans to re­view the Pro­posed Up­date feed­back in October 2020.

On August 27, 2020, the IFRS Foun­da­tion pub­lished a Pro­posed Tax­on­omy Up­date, “Interest Rate Benchmark Reform – Phase 2”'. Comments are requested by September 28, 2020.

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.