On 19 February 2026, the IASB published the Exposure Draft Amendments to the Fair Value Option for Investments in Associates and Joint Ventures. The Exposure Draft proposes narrow-scope amendments to clarify which entities are eligible to measure investments in associates and joint ventures using the fair value option in IAS 28 Investments in Associates and Joint Ventures.
The Exposure Draft responds to feedback from stakeholders that identified diversity in how the fair value option in IAS 28 is applied and the effects of that diversity on the classification of income and expenses in the statement of profit or loss in accordance with IFRS 18 Presentation and Disclosure in Financial Statements.
The IASB has set a shorter comment period to allow for any amendments to be completed in time for the implementation of IFRS 18. The Exposure Draft will be open for comment for 60 days, with the comment period closing on 20 April 2026. The IASB plans to issue any resulting amendments by mid-2026.