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FASB issues proposals to smooth LDTI transition accounting
19 July 2022Authority seeks to exclude transactions that have been "derecognised" from new rules
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FASB agrees to delay LDTI by one year
02 October 2020Consultation received overwhelming support for deferral
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FASB formally proposes LDTI delay
09 July 2020Deadline for comments is 24 August
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FIS: LDTI delay would boost smaller insurers' transformation
15 June 2020Insurers need to review continuity plans from Covid-19 disruptions, the firm says
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US to delay life accounting standard because of Covid-19 disruption
10 June 2020FASB agrees one-year deferral for adoption of LDTI
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FASB formally proposes delaying LDTI by one year
21 August 2019Accounting body sets out consultation paper with final vote after September
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FASB votes to delay LDTI, CECL accounting standards
19 July 2019Accounting body responds to market pressure
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FASB votes to curtail convergence with IASB
25 February 2014Accounting board limits the scope of its project on insurance contracts
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FASB/IASB inconsistencies pose risks to insurers
12 December 2013Moody's warns of high implementation costs and poor understanding of new accounting standards
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Insurers face "biggest ever" financial reporting change
21 June 2013Third draft of international standard on insurer accounting released