The IASB has published the Exposure Draft Risk Mitigation Accounting, proposing amendments to IFRS 9 Financial Instruments and IFRS 7 Financial Instruments: Disclosures.
The IASB is proposing:
- to add a risk mitigation accounting model for companies managing repricing risk on a net basis; and
- to require a company to disclose its strategy for managing repricing risk and the effects of its risk management activities.
The IASB is also seeking feedback on the proposed withdrawal of IAS 39 Financial Instruments: Recognition and Measurement.
Supplemental reference materials have also been made available, including:
· Illustrative Examples and Implementation Guidance
· Snapshot
The Exposure Draft will be open for comment for 240 days, with the comment period closing on 31 July 2026.
Request for fieldwork
In addition to inviting comments on the proposals in the Exposure Draft, the IASB also invites companies that manage repricing risk on a net basis to carry out fieldwork during the comment period, based on their risk management practices. Access the request for fieldwork.
Please email your fieldwork response to FI@ifrs.org. All fieldwork responses will be confidential and not displayed on the website.
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