Wednesday 16 October 2019
8:00am HKT/9:30am HKT
9 :00am/10 :30am (JST)
To help navigate the proposals to amend IFRS 17 Insurance Contracts published by the International Accounting Standards Board (the Board) within the recent Exposure Draft, and understand stakeholder feedback received by the Board on the ED, we invite you and your client and contacts to our upcoming webcast.
We are pleased to be joined by, a guest speaker, Martin Edelman, a member of the Board who will discuss the seven targeted important areas of proposed change and report the first feedback the Board has been hearing from its stakeholders on the amendments.
The Board has proposed an effective date of 1 January 2022 for the new standard, an extension of the temporary exemption to IFRS 9 by one year, and amendments in seven targeted areas of IFRS 17. The Board has provided a 90-day comment period on the proposed amendments, accepting comments until 25 September 2019.
This webcast will summarize the proposed amendments to IFRS 17 and discuss what comments the Board has received on the Exposure Draft. It will also discuss next steps and suggested activities that insurers should consider taking to step up the pace of implementation of IFRS 17 as we countdown to 2022.
Following the webcast, participants should be able to explain at a high level:
This webcast will last approximately 90 minutes and will be recorded and a link circulated for those unable to attend.