EFRAG draft comment letter regarding a tentative agenda decision on IFRS 17
21 Apr, 2022
The European Financial Reporting Advisory Group (EFRAG) has published a draft comment letter on a IFRS Interpretations Committee tentative agenda decision on IFRS 17 and the transfer of insurance coverage under a group of annuity contracts.
The letter is not so much about the decision itself, more about the point of time (during the implementation period, shortly before the effective date). However, EFRAG does not offer a proposed alternative treatment for implementation questions discovered late in the implementation process.
Please click to access the draft comment letter on the EFRAG website. Comments on the draft comment letter are requested by 17 May 2022.