Centro de Documentación de Fundación MAPFRE - Much-needed breathing space : IFRS17 update

MAP20200016533

Much-needed breathing space : IFRS17 update

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. — 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

En: Asia insurance review. - Singapore : Ins Communications Pte Ltd., 2009- = ISSN 0218-2696. - 01/05/2020 Número 5 - mayo 2020 , p. 26-34

1. IFRS 17 . 2. Normas internacionales de contabilidad . 3. Normas de contabilidad . 4. Mercado de seguros . 5. Empresas de seguros . 6. Perspectivas del seguro . 7. Singapur . 8. Hong Kong . 9. Australia . 10. India . 11. Corea del Sur . 12. Malasia . 13. Sri Lanka . I. Título.