UKEB publishes its final comment letter on the IASB’s proposed amendments to the classification and measurement of financial instruments
23 Jul, 2023
The UK Endorsement Board (UKEB) has published its final comment letter and feedback statement relating to the International Accounting Standards Board (IASB) Exposure Draft (ED) 2023/2 'Amendments to Classification & Measurement of Financial Instruments (Proposed amendments to IFRS 9 and IFRS 7)'.
ED/2023/2 was published by the IASB in March 2023.
In the final comment letter, the UKEB welcomes the ED, noting that it addresses most of the concerns that it raised in its response to the IASB's request for information on the Post implementation Review of IFRS 9: Classification and Measurement.
Whilst supporting the ED, the final comment letter sets out a number of areas of potential improvement to the proposals which have been identified from analysis and outreach with stakeholders.
The final comment letter and the feedback statement are available on the UKEB website.
