The ASC has issued amendments to SFRS(I) 9 and SFRS(I) 7 (and the equivalent FRS 109 and FRS 107).
What changes
- When a financial liability settled by electronic payment can be derecognised.
- How to assess the cash flows of financial assets with ESG-linked or similar contingent features.
- New disclosures for equity investments measured at fair value through other comprehensive income and for instruments with contingent features.
Effective date
Annual reporting periods beginning on or after 1 January 2026.