EFRAG feedback statement on the proposals regarding symmetric prepayment options
13 Jun 2017
The European Financial Reporting Advisory Group (EFRAG) has published a feedback statement following the publication of its final comment letter on the IASB's Exposure Draft ED/2017/3 'Prepayment Features with Negative Compensation (Proposed amendments to IFRS 9)'.
In line with the majority of other stakeholders, EFRAG had taken a critical view of the proposed amendments. The feedback statement describes the main comments received by EFRAG in response to its draft comment letter and how these comments were considered by EFRAG in finalising its comment letter to the IASB.
Please click to download the feedback statement from the EFRAG website.
