The IASB continued re-deliberations on the proposed amendments in the Exposure Draft Amendments to IFRS 17 Insurance Contracts.
At its meeting on 30 January 2020, the International Accounting Standards Board (IASB or the Board) continued its re-deliberations on the proposed amendments in the Exposure Draft, Amendments to IFRS 17 Insurance Contracts (the ED), in line with the plan outlined in its November 2019 meeting. During the meeting, the IASB addressed five of the proposed amendments to IFRS 17.
The IASB expects to consider most of the remaining potential amendments to IFRS 17 at its February meeting, before reviewing the whole package of amendments and deciding on the effective date of IFRS 17 in March 2020.
