IASB has proposed a narrow-scope amendment to the transition requirements in IFRS 17 Insurance Contracts  for insurers applying IFRS 17 and IFRS 9 for the first time. The proposed amendment does not affect any other requirements in IFRS 17.

The ED Initial Application of IFRS 17 and IFRS 9—Comparative Information is available for comment until 27 September 2021.

For further information please refer to the IASB website