IAS Plus newsletter — Proposals to improve disclosures about financial instruments (IFRS 7)
On 15 October 2008, the IASB published for comment proposed amendments to IFRS 7 Financial Instruments: Disclosures in its Exposure Draft (ED) Improving Disclosures about Financial Instruments.
The ED is a further response by the IASB to requests from constituents to improve disclosures about financial instruments in the light of current market conditions, particularly as regards fair value measurements and liquidity risk.