IASB - MASB Outreach Meeting: Financial Instruments - Impairment

The IASB and the MASB jointly organised an outreach meeting with the Chief Financial Officers from financial institutions to discuss the requirements of the limited amendment to IFRS 9 Financial Instruments regarding the expected credit loss impairment model as well as to share a perspective on the implementation of the Standard.

A total of 49 participants from mainly the banking industry attended the meeting.

The IASB was represented by its board member, Mr. Darrel Scott while the MASB was represented by its Executive Director, Puan Tan Bee Leng and Project Director (Financial Instruments), Puan Christine Lau.