Exposure Draft and comment letters: Risk Mitigation Accounting—Proposed amendments to IFRS 9 and IFRS 7

The International Accounting Standards Board (IASB) has published the Exposure Draft Risk Mitigation Accounting, proposing amendments to IFRS 9 Financial Instruments and IFRS 7 Financial Instruments: Disclosures. The IASB is proposing:

• to add a risk mitigation accounting model for companies managing repricing risk on a net basis; and
• to require a company to disclose its strategy for managing repricing risk and the effects of its risk management activities.

The IASB is also seeking feedback on the proposed withdrawal of IAS 39 Financial Instruments: Recognition and Measurement.

Supplemental reference materials have also been made available, including Basis for Conclusions, Illustrative Examples and Implementation Guidance, and Snapshot.

How to respond to the Exposure Draft

Stakeholders can respond to the request for comment on the Exposure Draft by submitting a comment letter below.

Find out more about how to submit the most effective response to our consultation.

The Exposure Draft will be open for comment for 240 days, with the comment period closing on 31 July 2026.

Request for fieldwork

In addition to inviting comments on the proposals in the Exposure Draft, the IASB also invites companies that manage repricing risk on a net basis to carry out fieldwork during the comment period, based on their risk management practices.

Access the request for fieldwork. 

Fieldwork responses are most helpful if they are provided in narrative form, and—if it is appropriate and feasible to do so—supported by quantitative information. Companies may otherwise choose any appropriate format to report their findings to the IASB.

How to respond to the Request for fieldwork

Please email your fieldwork response to FI@ifrs.org. All fieldwork responses will be confidential and not displayed on our website. Do not submit fieldwork responses via the comment letter submission form.

The IASB expects companies to send their preliminary fieldwork responses separately from their comments on the Exposure Draft by 31 July 2026 . Final responses should be reported no later than 30 November 2026.