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Japan updates list of 'designated' IFRSs, IFRS 17 now available for application in Japan

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29 Sep 2017

The Financial Services Agency (FSA) of Japan has announced that additional IFRSs issued up until 30 June 2017 were designated for use by companies voluntarily applying IFRSs in Japan.

Among the newly designated IFRS is also IFRS 17 Insurance Contracts issued by the IASB in May 2017.

For more information, see the press release (in Japanese only) on the FSA website.

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