IFRS 17 – IASB staff papers IASB March 2020 Board meeting

The IASB staff papers for the March Board meeting have been published.

IASB staff papers IASB March 2020 Board meeting.pdf

On the issue of timing, the staff recommend the Board:

(a) defer the effective date of IFRS 17 (incorporating the amendments) to annual reporting periods beginning on or after 1 January 2023; and

(b) extend the fixed expiry date of the temporary exemption from applying IFRS 9 in IFRS 4 to annual reporting periods beginning on or after 1 January 2023.