Work in progress

Date recorded:

Agenda paper 7

The Staff are currently in the process of analysing the following matters:

  • IFRS 9: Dual currency bonds – whether a dual currency bond meets the solely payments of principal and interest condition in IFRS 9
  • IFRS 9: Load following swaps – whether an instrument for which the notional amount varies depending on the outcome of a transaction can be a hedging instrument applying IFRS 9
  • IAS 12: How the initial recognition exemption in paragraphs 15 and 24 of IAS 12 applies to the recognition of right-of-use assets and lease liabilities arising under IFRS 16


There was no discussion on this paper.

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