Insurance Sound Bytes 6: Temporary Exemption Overview | KPMG | CA

Insurance Sound Bytes 6: Temporary Exemption Overview

Insurance Sound Bytes 6: Temporary Exemption Overview

With few exceptions, most Canadian insurers plan to defer implementation of IFRS 9 Financial Instruments until 2021

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In its sixth issue of Insurance Sound Bytes, KPMG provides an overview of the temporary exemption options for insurers from IFRS 9. Canadian insurers need to identify available options and consider costs and complexities of each option as well as review the content of the OSC’s Staff Notice and the implication to financial statements.

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