This IFRS newsletter reports on the IASB’s May discussions on financial instruments.
At its May meeting, the Board continued its discussions on its dynamic risk management (DRM) project by considering two of the focus areas for the project: DRM activities undertaken to stabilise net interest margin (NIM) and core deposit modelling.
“We welcome the Board revisiting the important area of dynamic risk management. The project appears to have started from a fresh perspective so there’s a long way to go to finalise an accounting solution.”
KPMG’s global IFRS financial instruments leader
For more detail on the discussions, read Issue 39 of our IFRS Newsletter: Financial Instruments (PDF 471 KB).
The IASB staff presented an education session to the Board. The staff:
The next steps will be to schedule discussions over the next few months on the following areas of focus:
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