IASB publishes project report concluding the PIR of the classification and measurement requirements in IFRS 9 Financial Instruments

The IASB has published its project report and feedback statement concluding the Post-implementation Review (PIR) of the classification and measurement requirements in IFRS 9 Financial Instruments.

After analysing the evidence gathered, the IASB has concluded that the classification and measurement requirements in IFRS 9 are working as intended.

The IASB has identified the following matters as requiring action as soon as possible:

• the assessment of the contractual cash flow characteristics of financial assets with ESG-linked features.
• electronic cash transfers as settlement of a financial asset or liability.

The project report and feedback statement may be accessed here.