Deloitte comment letter on proposed narrow-scope amendment to IFRS 17

Published on: Sep 28, 2021

We have commented on the IASB's exposure draft Initial Application of IFRS 17 and IFRS 9 — Comparative Information (Proposed amendment to IFRS 17) published in July 2021.

We support the proposals in the exposure draft and provide recommendations in a number of areas. These regard:

  • The scope of financial assets to which the classification overlay applies;
  • the application of the expected credit loss impairment model; and
  • the disclosure of the impact of the classification overlay.

This comment letter was released by our Global firm.


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.