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Update on IASB discussions

Date recorded:

Update since the last IC meeting – no agenda paper

The Staff updated the IC on the Board’s discussions since the IC’s last meeting in November 2016 as regards the latter’s recommendations.

  • The proposed amendments to IFRIC 14 and IAS 19: the Board agreed with the recommendations made by the IC except requesting it to reassess the impact of minor plan amendments. See AP 2 to this meeting;
  • IFRS 9 Symmetric prepayment options – the Board agreed to proceed with a proposed amendment to IFRS 9 to address this matter; and
  • IFRS 9 Modifications of financial liabilities – the Board rejected the proposal to issue an interpretation and asked the IC to reconsider how best to communicate their conclusion to the public.

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.