Update on IASB discussions

Date recorded:

Update since the last IC meeting – no agenda paper

The Staff updated the IC on the Board’s discussions since the IC’s last meeting in November 2016 as regards the latter’s recommendations.

  • The proposed amendments to IFRIC 14 and IAS 19: the Board agreed with the recommendations made by the IC except requesting it to reassess the impact of minor plan amendments. See AP 2 to this meeting;
  • IFRS 9 Symmetric prepayment options – the Board agreed to proceed with a proposed amendment to IFRS 9 to address this matter; and
  • IFRS 9 Modifications of financial liabilities – the Board rejected the proposal to issue an interpretation and asked the IC to reconsider how best to communicate their conclusion to the public.

Correction list for hyphenation

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