Much-needed breathing space : IFRS17 update

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<title>Much-needed breathing space</title>
<subTitle>: IFRS17 update</subTitle>
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<abstract displayLabel="Summary">In March 2020 the International Accounting Standards Board (IASB) announced a further delay to the effective date for IFRS17 implementation  pushing it back to 1 January 2023. This represents a one-year delay from the date proposed in the June 2019 exposure draft amendments - and a two-year delay from when the implementation date was first proposed in 2017. We spoke to a number of industry thought leaders throughout the region to see how they felt the most recent delay would impact the various markets.</abstract>
<tableOfContents displayLabel="Contents">Singapore: Postponement is a positive development / Paul McNamara -- Hong Kong: Deferment provides impetus for insurers to improve operations / Ranamita Chakraborty -- Australia: Room to breathe and a chance to improve / Amir Sadiq -- India: More time will ensure proper implementation / Anoop Khanna -- South Korea: Insurers must use IFRS17 deferment wisely / Ahmad Zaki -- Malaysia: Delay allows for more breathing space / Ridwan Abbas -- Sri Lanka: Delay will help industry deal with operational issues / Jimmy John</tableOfContents>
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<topic>Normas internacionales de contabilidad</topic>
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<topic>Normas de contabilidad</topic>
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<topic>Mercado de seguros</topic>
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<topic>Empresas de seguros</topic>
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<topic>Perspectivas del seguro</topic>
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<geographic>Singapur</geographic>
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<geographic>Australia</geographic>
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<geographic>India</geographic>
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<geographic>Malasia</geographic>
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<geographic>Sri Lanka</geographic>
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<title>Asia insurance review</title>
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<publisher>Singapore : Ins Communications Pte Ltd., 2009-</publisher>
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<identifier type="issn">0218-2696</identifier>
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<text>01/05/2020 Número 5 - mayo 2020 , p. 26-34</text>
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