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February 23, 2018

IASB published its updated work plan, along with the updates for the meeting in February 2018. The IASB update highlights preliminary decisions of the Board.

The key topics discussed at the February meeting included a discussion paper on principles of disclosure, insurance contracts, discussion papers and exposure drafts, and rate-regulated activities. IASB received an update on the first meeting of the Transition Resource Group for IFRS 17 on insurance contracts. It also received an update on the educational activities on IFRS 17, which were conducted with investors and analysts from mid-May 2017 to the end of January 2018. Furthermore, IASB expects to receive an update on the second meeting of the Transition Resource Group which is to be held on May 02, 2018.

Keywords: International, Insurance, IFRS 17, Work Plan, Insurance Contracts, IASB

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