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DTTL comments on the IASB's proposed amendments to IFRS 9

Published on: May 24, 2017

Deloitte’s IFRS Global Office has responded to the IASB's exposure draft, Prepayment Features With Negative Compensation (proposed amendments to IFRS 9), which was issued by the IASB in April 2017.

Deloitte’s IFRS Global Office agrees with the amendments proposed in the exposure draft but has concerns with the approach taken in the proposals:

  • "[W]e are not supportive of the inclusion of a criterion requiring the prepayment feature to have an insignificant fair value at initial recognition."
  • "[W]e have concerns with the way the amendment is structured and drafted in that the Basis for Conclusions on the exposure draft appears to add further interpretative material on what is 'reasonable additional compensation.'"

Full text of the comment letter is available below.


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