EFRAG Endorsement Status Report - Update

​The endorsement by the European Commission of the Amendments to IFRS 4 Insurance Contracts – deferral of IFRS 9 is now reflected in the Endorsement Status Report.

The European Union has published a Commission Regulation endorsing the Amendments to IFRS 4 Insurance Contracts – deferral of IFRS 9 ('the Amendments'). The Amendments are effective for annual periods beginning on or after 1 January 2021.

The Amendments extend the expiry date of the temporary exemption from applying IFRS 9 from 1 January 2021 to 1 January 2023 to align the effective dates of IFRS 9 Financial Instruments with IFRS 17 Insurance Contracts.


Link to the publication in the Official Journal of the European Union: https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:L:2020:425:TOC.

The updated EFRAG Endorsement Status Report can be downloaded below and under the menu 'Endorsement Status'.