Much-needed breathing space : IFRS17 update

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<dc:date>2020-05-01</dc:date>
<dc:description xml:lang="es">Sumario: 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.</dc:description>
<dc:identifier>https://documentacion.fundacionmapfre.org/documentacion/publico/es/bib/171710.do</dc:identifier>
<dc:language>eng</dc:language>
<dc:rights xml:lang="es">InC - http://rightsstatements.org/vocab/InC/1.0/</dc:rights>
<dc:subject xml:lang="es">IFRS 17</dc:subject>
<dc:subject xml:lang="es">Normas internacionales de contabilidad</dc:subject>
<dc:subject xml:lang="es">Normas de contabilidad</dc:subject>
<dc:subject xml:lang="es">Mercado de seguros</dc:subject>
<dc:subject xml:lang="es">Empresas de seguros</dc:subject>
<dc:subject xml:lang="es">Perspectivas del seguro</dc:subject>
<dc:subject xml:lang="es">Singapur</dc:subject>
<dc:subject xml:lang="es">Hong Kong</dc:subject>
<dc:subject xml:lang="es">Australia</dc:subject>
<dc:subject xml:lang="es">India</dc:subject>
<dc:subject xml:lang="es">Corea del Sur</dc:subject>
<dc:subject xml:lang="es">Malasia</dc:subject>
<dc:subject xml:lang="es">Sri Lanka</dc:subject>
<dc:type xml:lang="es">Artículos y capítulos</dc:type>
<dc:title xml:lang="es">Much-needed breathing space : IFRS17 update</dc:title>
<dc:relation xml:lang="es">En: Asia insurance review. - Singapore : Ins Communications Pte Ltd., 2009- = ISSN 0218-2696. - 01/05/2020 Número 5 - mayo 2020 , p. 26-34</dc:relation>
<dc:coverage xml:lang="es">Singapur</dc:coverage>
<dc:coverage xml:lang="es">Hong Kong</dc:coverage>
<dc:coverage xml:lang="es">Australia</dc:coverage>
<dc:coverage xml:lang="es">India</dc:coverage>
<dc:coverage xml:lang="es">Corea del Sur</dc:coverage>
<dc:coverage xml:lang="es">Malasia</dc:coverage>
<dc:coverage xml:lang="es">Sri Lanka</dc:coverage>
<dc:description xml:lang="es">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</dc:description>
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