ASCG comment letter on ED/2021/8 (Amendment to IFRS 17 Insurance Contracts)

Today, the ASCG has submitted to the IASB its comment letter on the Exposure Draft for an amendment to IFRS 17 – IASB ED/2021/8 Initial Application of IFRS 17 and IFRS 9.

Apart from a short comment on the scope, we fully agree with the proposed amendment.

An identical comment letter was also sent to EFRAG.