Consultation response

20 November 2015

FEE calls for an international solution for aligning the effective dates for IFRS 9 and IFRS 4

FEE has provided input to European Financial Reporting Advisory Group (EFRAG)’s draft letter to further inform the European Commission on the endorsement of the International Financial Reporting Standard (IFRS) for financial instruments (IFRS 9) in the EU. We reiterated our support for a swift endorsement and for an international (as opposed to a European) solution for the issues insurance companies face because IFRS 9 and the future standard on insurance contracts will take effect on different dates. It is important to resolve any uncertainty surrounding the endorsement process, so the financial services industry can start implementing these new requirements. 

For more in-depth FEE views see our letter:
FEE comments on the Letter from EFRAG to the European Commission on further information related to the endorsement of IFRS 9


Related files:

 FEE comment Letter to EFRAG on the Draft Endorsement Advice on IFRS 9 (June 2015)
 EFRAG’ s draft letter to the European Commission

Related links: 

IASB website on IFRS 9 Financial Instruments
IASB website on IFRS 4 Insurance Contracts

Related content

UpdateTax Policy

12 November 2019

UpdateSME

6 November 2019

UpdateAudit Policy

5 November 2019

PublicationFocus area: Tax

28 October 2019

UpdateTax Policy

25 October 2019

UpdateSustainable Finance

22 October 2019

PublicationSustainable Finance call to action

22 October 2019

BlogIs sustainable finance gender neutral?

16 October 2019

UpdateTax Policy

10 October 2019

Consultation responseEFRAG’s assessment on interest rate benchmark reform

10 October 2019

UpdateAudit Policy

7 October 2019

NewsSME Update

4 October 2019

Consultation responseIASB’s exposure draft on proposed amendments to IFRS 17 and EFRAG’s draft comment letter thereon

4 October 2019

UpdateTax Policy

27 September 2019

Consultation responseEuropean Corporate Reporting Lab @EFRAG consultation on future projects

25 September 2019

UpdateTechnology

23 September 2019

UpdateTax Policy

16 September 2019

UpdateSME

6 September 2019

BlogSnapshot into the future: what will the EU do next on tax?

2 September 2019

UpdateTax Policy

30 August 2019

Sign up for our newsletter