We comment on the proposed narrow-scope amendment to IFRS 17
28 Sep, 2021
Deloitte has 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.
Please click to download our full comment letter here.
