IASB issues ED Mandatory Effective Date of IFRS 9

The IASB published today for public comment an exposure draft of proposals to adjust the mandatory effective date of IFRS 9 Financial Instruments. The exposure draft proposes an effective date of 1 January 2015 (currently 1 January 2013) for IFRS 9. Entities could still elect to use IFRS 9 before 2015.
The document is open for comment until 21 October 2011. It is available on the IASB website.

Please find the press release herewith attached.