In February 2026 the IASB started the Post-implementation Review (PIR) of the hedge accounting requirements in IFRS 9 Financial Instruments and the hedge accounting disclosure requirements in IFRS 7 Financial Instruments: Disclosures . It is the third and final phase of PIR of IFRS 9, following PIR of its classification and measurement requirements and PIR of its impairment requirements.

The objective of a PIR is to assess the effect of a new Standard or major amendment to a Standard on users of financial statements, preparers, auditors and regulators after those requirements have been issued and applied.

The IASB has completed its Phase 1 outreach for the PIR and has published its Request for Information (RFI) on 28 September 2026.

The comment letter period is open until 26 January 2027.

EFRAG's response to the RFI is currently being prepared.