Interest Rate Benchmark Reform (Proposed amendments to IFRS 9 and IAS 39)

The IASB has published for public comment proposed changes to the old and new financial instruments Standards, IAS 39 and IFRS 9, in light of the reform of interest rate benchmarks such as interbank offer rates (IBORs).

Interest Rate Benchmark Reform (Proposed amendments to IFRS 9 and IAS 39).pdf

The comment deadline is 17 June 2019. The IASB Board aims to issue final amendments later in 2019. Comment letters can be submitted here:

https://www.ifrs.org/projects/work-plan/ibor-reform-and-the-effects-on-financial-reporting/comment-letters-projects/exposure-draft/

EFRAG draft comment letter on IASB ED Interest Rate Benchmark Reform (proposed amendments to IFRS 9 and IAS 39)

EFRAG draft comment letter on IASB ED Interest Rate Benchmark Reform (proposed amendments to IFRS 9 and IAS 39).pdf

IE final response to EFRAG Draft Comment letter on the IASB Interest Rate Benchmark Reform Exposure Draft

IE final response to EFRAG Draft Comment letter on the IASB Interest Rate Benchmark Reform Exposure Draft.pdf