New extracts from the ESMA database of IFRS decisions
In May 2022, the European Securities and Markets Authority (ESMA) published further extracts from its confidential database of enforcement decisions taken by European national enforcers.
On 25 Jun 2020, the International Accounting Standards Board (IASB) issued 'Amendments to IFRS 17' to address concerns and implementation challenges that were identified after IFRS 17 'Insurance Contracts' had been published in 2017. The amendments are effective for annual periods beginning on or after 1 January 2023 with earlier application permitted.
The main changes resulting from amendments to IFRS 17 and IFRS 4 are:
The amendments are effective for annual periods beginning on or after 1 January 2023 with earlier application permitted. They are applied retrospectively in accordance with IAS 8.
You can find detail information about amendments to IFRS 17 and IFRS 4 in IFRS in Focus from June 2020.
Sources: www.iasplus.com, IFRS in Focus (June 2020)
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