UK-Adopted International Accounting StandardsAdoption Status Report
UK-Adopted International Accounting StandardsAdoption Status Report

UKEB meetings

IFRS 17-related topics were discussed in the following UKEB meetings:

19 May 2022

IFRS 17-related agenda items for discussion were: 

Influencing project – IFRS  Interpretations Committee Tentative Agenda Decision: Transfer of Insurance Coverage under a Group of Annuity Contracts

  • UKEB’s draft response to IFRS Interpretations Committee’s Tentative Agenda Decision 

9 May 2022

IFRS 17-related agenda items for discussion were:

  • Consideration of Adoption of IFRS 17 - Endorsement Criteria Assessment, Feedback Statement, [Draft] Due Process Compliance Statement, [Draft] Adoption Statement, [Draft] Annex to the Adoption Statement: UK-adopted international accounting standard IFRS 17 Insurance Contracts

21 April 2022

IFRS 17-related agenda items for discussion were:

  • CSM Allocation for annuities
  • Endorsement Criteria Assessment, Feedback Statement and [Draft] Due Process Compliance Statement

18 March 2022

IFRS 17-related agenda items for discussion were:

  • CSM Allocation for annuities
  • Draft of Final ECA
  • Draft Feedback Statement and Draft Due Process Compliance Statement

17 February 2022

IFRS 17-related agenda items for discussion were:

  • Summary of Public Consultation Feedback on DECA
  • Reinsurance to Close Transactions

20 January 2022

IFRS 17-related agenda items for discussion were:

  • Update on Public Consultation (including RITC accounting)

9 December 2021

IFRS 17-related agenda items for discussion were:

  • Update on Public Consultation (verbal update)

28 October 2021

IFRS 17-related agenda items for discussion were:

  • [Draft] Endorsement Criteria Assessment

17 September 2021

IFRS 17-related agenda items for discussion were:

Endorsement Project:

  • Project plan update
  • Technical paper: with-profits inherited estates
  • Technical paper: annual cohorts
  • Technical paper: CSM allocation
  • Technical paper: other significant issues

Influencing project – IFRS 17 Narrow Scope Amendment:

  • – Approval final comment letter and feedback statement

20 July 2021

IFRS 17-related agenda items for discussion were:

Endorsement Project:

  • Technical paper: discount rates
  • Technical paper: CSM allocation

Influencing project – IFRS 17 Narrow Scope Amendment:

  • Project Initiation Plan and Tentative High-level position for UKEB Draft Comment Letter

9 July 2021

IFRS 17-related agenda items for discussion were:

  • Technical issues

18 May 2021

IFRS 17-related agenda items for discussion were:

  • Endorsement Assessment and Project plan