Archive

  • Interpretations Committee to consider tweaks to IFRS 17 for multi-currency contracts

    05 September 2022

    Changes to wording of tentative agenda decision due for approval next week

  • IFRS Interpretations Committee concludes on annuity profit recognition for IFRS 17

    04 July 2022

    Insurers had advocated for an alternative method to be used

  • IFRS IC likely to stand its ground on IFRS 17 annuity decision

    08 June 2022

    Staff at the IFRS Interpretations Committee have backed the original decision on annuity accounting, going against the view of most stakeholders. Cintia Cheong reports

  • IFRS 17's multiple currency implications to be reviewed

    08 June 2022

    An upcoming date for the IFRS Interpretations Committee to consider the issue has been agreed

  • UK officially approves IFRS 17

    17 May 2022

    UKEB raises broader concerns with annuity profits recognition and calls for a more in-depth review

  • Don't ignore final IFRS 17 interpretation, says UKEB

    27 April 2022

    UK endorsement body expects final adoption decision soon after tentative vote

  • EU warns against last-minute IFRS 17 interpretation rulings

    26 April 2022

    UK seeking clarification from IFRS committee over treatment of annuities

  • Consultation opens on annuity profits recognition under IFRS 17

    23 March 2022

    Consultation runs until 23 May

  • UK resolute on April deadline for IFRS 17, despite annuity problems

    18 March 2022

    No appetite for carve out, or delayed endorsement, officials say

  • IFRS 17 experts to ditch insurers' favourite method for annuity profit recognition

    16 March 2022

    Not a valid interpretation of IFRS 17, Interpretations Committee says