Meanwhile, the IASB has tentatively decided that IFRS 9 Financial Instruments will be effective for annual periods beginning on or after 1 January 2018. It expects to issue the remaining chapters of IFRS 9 in mid-2014.
How does your bank compare? We have a new benchmarking section in which we look at how banks have categorised loans measured at amortised cost for the purposes of disclosure of the fair value hierarchy under IFRS 13 Fair Value Measurement.
Our IFRS Newsletter: The Bank Statement discusses these topics in more detail. Please feel free to contact me if you wish to discuss this or any of your needs further.