On 28 May 2025, EFRAG launched a survey to gather insights into current practices in dynamic interest rate risk management, along with the related capabilities of banks, insurers, financial conglomerates, and other entities. The deadline for the survey is 31 July 2025.
The survey results will be used for the design of a field test for the upcoming IASB’s Exposure Draft (ED) on DRM, as well as for EFRAG’s draft comment letter in response to the ED.
The survey includes the following sections:
Section 1 – General questions;
Section 2 – Questions for banks;
Section 3 – Questions for insurers;
Section 4 – Question for financial conglomerates; and
Section 5 – Questions for other entities.
Survey participants are not required to answer every question but can respond only to the sections relevant to them.
A pdf document containing the survey questions is also available.
EFRAG has announced that this is the first of two surveys planned as part of the DRM project. The second survey, which will focus more on the technical aspects of the proposed DRM model, is expected to be launched following the publication of the ED, currently expected in Q4 2025.
Insurance Europe