The International Accounting Standards Board (IASB) has published an exposure draft 'Interest Rate Benchmark Reform (Proposed amendments to IFRS 9 and IAS 39)' that constitutes a first reaction to the potential effects the IBOR reform could have on financial reporting. Comments are requested by 17 June 2019. iii See the Committee's response to the IASB Exposure Draft: Interest Rate Benchmark Reform. More information on the progress of the work of the accounting standard setters on benchmark rate reform is available on the IASB's phase 1 and phase 2 project website pages and the FASB's project update page. The International Accounting Standards Board’s (IASB) Exposure Draft, “Interest Rate Benchmark Reform (Proposed amendments to IFRS 9 and IAS 39)” was issued in May 2019.This Exposure Draft focuses on the issues affecting financial reporting in the period before the replacement of an existing interest rate benchmark with an alternative interest rate. Ref: IASB’s Exposure Draft Interest Rate Benchmark Reform – Proposed amendments to IFRS 9 and IAS 39 Dear Mr Hoogervorst, The European Securities and Markets Authority (ESMA) thanks you for the opportunity to contribute to the IASB’s due process regarding the Exposure Draft (ED) Interest Rate Comments on Exposure Draft Interest Rate Benchmark Reform published by the International Accounting Standards Board . The Japanese Bankers Association (JBA) is an organisationwhose members consist of banks and bank holding companies operating in Japan, and is an association that represents Japan’s banking sector. Exposure Draft. Interest Rate Benchmark Reform (Amendments to Ind AS 109 and Ind AS 107) Following is the Exposure Draft of Interest Rate Benchmark Reform (Amendments to Ind AS 109 and Ind AS 107), issued by the Accounting Standards Board (the Board) of the Institute of Chartered Accountants of India, for comments. This Exposure Draft focuses on the issues affecting financial reporting in the period before the replacement of an existing interest rate benchmark with an alternative interest rate. More specifically, the proposed amendments to IFRS 9 and IAS 39 address concerns related to uncertainties arising from Interest Rate Benchmark Reform on the hedge
18 Jun 2019 Ref: EFRAG's Draft Comment Letter on IASB's Exposure Draft Interest Rate. Benchmark Reform – Proposed amendments to IFRS 9 and IAS 39. Considering the impacts of benchmark interest rate reform on IFRS accounting. Preparations now under way for exposure draft in April 2020. Preparations IASB Exposure Draft ED/2019/1 Interest Rate Benchmark Reform (Proposed amendments to IFRS 9 and IAS 39). The Malaysian Accounting Standards Board (
17 Jun 2019 Reference: Exposure Draft ED 2019/1 – Interest Rate Benchmark Reform. The Comitê de Pronunciamentos Contábeis - CPC (Brazilian 9 May 2019 We begin this second edition of 2019 by considering the IASB Exposure Draft ' Interest Rate Benchmark Reform'. We then look at implications of interest rate benchmarks. In this Exposure Draft, interest rate benchmark reform refers to this market-wide replacement of an existing interest rate benchmark, such as IBOR, with an alternative interest rate based on the FSB’s recommendations (the reform). of the Exposure Draft Interest Rate Benchmark Reform published by the International Accounting Standards Board (Board). Exposure Draft objective: To modify IFRS Standards so companies apply speci c hedge accounting requirements as if the interest rate benchmark that indexes hedged cash ows and cash ows from the hedging instrument is not altered as a result of interest rate benchmark reform.
17 Jun 2019 Reference: Exposure Draft ED 2019/1 – Interest Rate Benchmark Reform. The Comitê de Pronunciamentos Contábeis - CPC (Brazilian 9 May 2019 We begin this second edition of 2019 by considering the IASB Exposure Draft ' Interest Rate Benchmark Reform'. We then look at implications of interest rate benchmarks. In this Exposure Draft, interest rate benchmark reform refers to this market-wide replacement of an existing interest rate benchmark, such as IBOR, with an alternative interest rate based on the FSB’s recommendations (the reform). of the Exposure Draft Interest Rate Benchmark Reform published by the International Accounting Standards Board (Board). Exposure Draft objective: To modify IFRS Standards so companies apply speci c hedge accounting requirements as if the interest rate benchmark that indexes hedged cash ows and cash ows from the hedging instrument is not altered as a result of interest rate benchmark reform. The International Accounting Standards Board’s latest exposure draft (ED) – Interest Rate Benchmark Reform – follows its recent discussions about amending IFRS 9 Financial Instruments and IAS 39 Financial Instruments: Recognition and Measurement. It proposes targeted relief regarding financial instruments qualifying for hedge accounting in the lead up to IBOR reform. The International Accounting Standards Board (IASB) has published an exposure draft 'Interest Rate Benchmark Reform (Proposed amendments to IFRS 9 and IAS 39)' that constitutes a first reaction to the potential effects the IBOR reform could have on financial reporting. Comments are requested by 17 June 2019. The International Accounting Standards Board’s (IASB) Exposure Draft, “Interest Rate Benchmark Reform (Proposed amendments to IFRS 9 and IAS 39)” was issued in May 2019. This Exposure Draft focuses on the issues affecting financial reporting in the period before the replacement of an existing interest rate benchmark with an alternative interest rate.
Specifically, the Exposure Draft proposes that an entity would apply those requirements assuming that the interest rate benchmark on which the hedged cash flows are based is not altered as a result of interest rate benchmark reform. (b) For the reasons set out in paragraphs BC16 – BC23, the Board proposes exceptions to the The International Accounting Standards Board (IASB) has published an exposure draft 'Interest Rate Benchmark Reform (Proposed amendments to IFRS 9 and IAS 39)' that constitutes a first reaction to the potential effects the IBOR reform could have on financial reporting. Comments are requested by 17 June 2019. iii See the Committee's response to the IASB Exposure Draft: Interest Rate Benchmark Reform. More information on the progress of the work of the accounting standard setters on benchmark rate reform is available on the IASB's phase 1 and phase 2 project website pages and the FASB's project update page. The International Accounting Standards Board’s (IASB) Exposure Draft, “Interest Rate Benchmark Reform (Proposed amendments to IFRS 9 and IAS 39)” was issued in May 2019.This Exposure Draft focuses on the issues affecting financial reporting in the period before the replacement of an existing interest rate benchmark with an alternative interest rate.