2015 Agenda Consultation – Feedback and next steps - Agenda paper 10

Date recorded:


The purpose of this session was for the staff to provide an update on the status of issues that were still in progress and were not discussed at this meeting. The Interpretations Committee did not make any technical decision on those matters.

Staff analysis

Ongoing issues

There were no submissions that the Interpretations Committee was working for which an analysis of the issue had not been presented at this meeting.

New issues

Three requests have been received that have yet to be presented to the Interpretations Committee. Those issues related to (i) IFRS 5: assessment of transactions entered into by a subsidiary when the subsidiary is classified as held for sale; (ii) IFRS 9: impact of symmetric ‘make whole’ and fair value prepayment options on assessment of the solely payments of principal and interest criterion; and (iii) IAS 2: accounting for particular commodity transactions. In addition there are some issues that are still at a preliminary stage of assessment. 

Issues on hold

The staff indicated that there was an issue related to the assessment of significant influence in circumstances in which a fund manager acts as an agent and holds a direct investment in the fund. 


There were no question or comments raised during the discussion.

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