In February 2026 the IASB started the Post-implementation Review (PIR) of the hedge accounting requirements in IFRS 9 Financial Instruments. 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 following is current project timeline:

  • Phase 1 outreach and feedback to the IASB - March 2026 to May 2026
  • Phase 1 review of academic research - January 2026 to May 2026
  • Publication of the request for information - Q3 2026
  • Comment period for the request for information - 120 days (subject to future IASB decision)