Prepare Now! Confirmed amendments and next steps

Session 1: Wednesday, March 11, 2020 (Americas/EMA)

8:00am (EDT) – 9:30am(EDT)

12:00pm(GMT) – 1:30pm(GMT)

1:00pm (CET) – 2:30pm(CET)

Estimated CPE: 1 credit

Session 2: Thursday, March 12, 2020 (ASPAC)

9:00am (HKT/SGT) -10:30am(HKT/SGT)

10:00am (JST) – 11:30am (JST)

12:00pm (AEDT) – 1:30pm (AEDT)

Estimated CPE: No CPE 

The International Accounting Standards Board (the Board) received varied feedback on its Exposure Draft: IFRS 17 Amendments including feedback on issues on which it had not consulted. It has now re-deliberated on its proposed amendments based on feedback and outreach.

During this webcast  we will summarize the confirmed amendments to IFRS 17 and discuss what impacts these will have for insurers. We will also discuss next steps and suggested activities that insurers should be doing now to accelerate their progress towards the effective date.

Following the webcast, participants should be able to explain at a high level:

• The amendments the Board has confirmed will be included in the revised IFRS 17.
• The impacts of those amendments on stakeholders. 
• Suggested activities for insurers to prepare now to avoid chaos for IFRS 17 implementation.