IASB extends comment period for its proposed Risk Mitigation Accounting model consultation

The International Accounting Standards Board (IASB) has extended the comment period on its Exposure Draft Risk Mitigation Accounting—Proposed amendments to IFRS 9 and IFRS 7 until 30 November 2026. The extension aligns the deadline for comment letters with the existing deadline for the submission of fieldwork results.

The IASB’s decision responds to stakeholder feedback that more time was required to fully consider the technical and operational aspects of the proposals. Companies undertaking fieldwork to test the proposed model have said they would like their comment letters to be informed by their fieldwork results.

The additional time will also enable the IASB to broaden its engagement with companies that continue to apply the hedge accounting requirements in IAS 39 Financial Instruments: Recognition and Measurement. Since the IASB also proposes to withdraw IAS 39 in the Exposure Draft, it wants to hear from companies that may be affected — including those that do not expect to apply the proposed Risk Mitigation Accounting model.

Comments and fieldwork results on the Exposure Draft are now both due by 30 November 2026.

Find out more

Details on the proposals and available resources can be found in the press release (December 2025): IASB proposes new accounting model to reflect how financial institutions manage interest rate risk.