The IAIS issues a comment letter to the IASB exposure draft on Climate-related and Other Uncertainties in the Financial Statements

The International Association of Insurance Supervisors (IAIS) has submitted a comment letter to the International Accounting Standards Board (IASB) on its exposure draft on Climate-related and Other Uncertainties in the Financial Statements, issued in July 2024. Overall, the IAIS is supportive of the exposure draft and the objective of providing additional guidance in relation to […]

6 May 2024

6 May 2024 in Latest news, Stakeholder events

AAWG – Stakeholder Call

On 22 May 2024 from 10:15 – 11:15 EDT, the Accounting and Auditing Working Group of the IAIS hosted a stakeholder webinar to provide updates on the Working Group’s activities and gather feedback on key matters of interest on potential significant changes to IFRS accounting standards and international auditing standards impacting the insurance industry. The recording of the […]

1 Dec 2023

1 Dec 2023 in Comment Letters, Latest news

The IAIS issues a comment letter to the IAASB on the proposed ISSA 5000 – General Requirements for Sustainability Assurance Engagements

The International Association of Insurance Supervisors (IAIS) has submitted a comment letter to the International Auditing and Assurance Standards Board (IAASB) on its proposed International Standard on Sustainability Assurance (ISSA) 5000 – General Requirements for Sustainability Assurance Engagements. The IAIS recognises that sustainability reporting is rapidly becoming a topic of global importance and that its […]

27 Sep 2023

27 Sep 2023 in Comment Letters

IAIS Comment Letter to IASB on Post Implementation Review of IFRS 9 – Impairment

27 Sep 2023

27 Sep 2023 in Comment Letters, Latest news

The IAIS issues comment letter to the IASB on its post implementation review of IFRS 9 – Impairment

The IAIS has issued a comment letter to the International Accounting Standards Board (IASB) on its request for information on the Post Implementation Review (PIR) of IFRS 9 Financial Instruments – Impairment.

24 Aug 2023

24 Aug 2023 in Comment Letters, Latest news

The IAIS comment letters to the IAASB (ISA 570 (Revised) Going Concern) and to the ISSB (Consultation on Agenda Priorities)

The International Association of Insurance Supervisors (IAIS) has issued comment letters to the International Auditing and Assurance Standards Board (IAASB) and to the International Sustainability Standards Board (ISSB)

24 Aug 2023

24 Aug 2023 in Comment Letters

Comment Letter Consultation on Agenda Priorities to ISSB

24 Aug 2023

24 Aug 2023 in Comment Letters

Comment letter on proposed ED ISA 570 (Revised) Going Concern to IAASB

21 Jul 2023

21 Jul 2023 in Comment Letters, Latest news

IAIS Comment Letter to the IASB´s Exposure Draft on Amendments to the Classification and Measurement of Financial Instruments

The International Association of Insurance Supervisors (IAIS) has issued a comment letter to the International Accounting Standards Board (IASB) on the Exposure Draft (ED) on Amendments to the Classification and Measurements of Financial Instruments issued in March 2023. The IAIS welcomes the IASB’s proposed amendments contained in the ED and the intention to clarify and […]

29 Jun 2023

29 Jun 2023 in Latest news, Public statements

IAIS welcomes finalisation of ISSB disclosure standards

The ISSB disclosure standards will improve the quality and comparability of sustainability and climate risks reporting globally. The IAIS has set up a climate risk disclosures workstream that will study the Climate Related Disclosure Standard closely and take stock of relevant developments in climate risk disclosures. Following this, the IAIS will consider whether further work is needed.