This page highlights IFRS Foundation news and activities over the past month:
The Financial Stability Board (FSB) has published a statement welcoming the new insurance contracts Standard, IFRS 17, stressing the importance of insurers starting the process to implement the Standard as soon as possible and highlighting the significance of proper application. Read the statement here.
In this webinar, Board member Stephen Cooper explains why IFRS 17 was developed, illustrates how it works using examples and summarises its benefits. The webinar is available here.
The IFRS Foundation has published illustrative tagging for the proposed IFRS Taxonomy Update IFRS Taxonomy 2017—IFRS 17 Insurance Contracts. View the illustrative tagging here.
The IFRS Foundation has appointed Nili Shah as Executive Technical Director. She will lead the technical staff that support the Board and will be responsible for the coordination and delivery of all technical activities in line with priorities set out by the Board. Read more about the appointment here.
The IFRS Foundation announced the reappointment of 15 members of the SME Implementation Group (SMEIG), an advisory body to the Board, for a second three-year term ending 30 June 2020. Read the news summary here.
The Board is calling for people with background other than from academia to express their interest in attending its fourth Research Forum on 28 and 29 November 2017 in Brussels, Belgium. Find out more about the event here.
IFRS Foundation Education Director Matt Tilling together with the IASB Chair and Vice-Chair, Hans Hoogervorst and Sue Lloyd, discuss the July meeting of the Board. Listen to the podcast here.
IASB staff have recorded a webcast with Board member Stephen Cooper discussing the disclosure requirements for lessees in IFRS 16 Leases. The webcast can be accessed via the IFRS 16 implementation page.
The Trustees of the IFRS Foundation, responsible for the governance and oversight of the Board, published the findings of independent research commissioned to better understand stakeholder attitudes towards the work of the IFRS Foundation and the Board. The full report can be accessed here.
This is the first quarterly summary of events involving the IFRS Foundation's Asia-Oceania office (AO office) in Tokyo, Japan. Read the news summary here.
The Translations, Adoption and Copyright (TAC) team has published their latest Update, providing a roundup of news and information for the IFRS Standards international community. Click here to read the latest Update.