IASB issues Initial Application of IFRS 17 and IFRS 9—Comparative Information

IASB has issued a narrow-scope amendment “Initial Application of IFRS 17 and IFRS 9—Comparative Information” to the transition requirements in IFRS 17 Insurance Contracts  providing insurers with an option aimed at improving the usefulness of information to investors on initial application of the new Standard.

For further information, please refer to the IASB website