Skip to content Skip to footer

Loading Results

Global IFRS 17 Network: In Transition now live


The IASB concludes its technical discussions on the proposed amendments to IFRS 17, retaining unchanged the annual cohort requirement in IFRS 17

On 25 February 2020, the IASB (‘Board’) completed its deliberations responding to the feedback received on its proposals in the Exposure Draft, ‘Amendments to IFRS 17’ (‘ED’). 

The Board tentatively decided that it would make no other amendments to IFRS 17. In particular, the Board tentatively decided that it would retain, unchanged, the annual cohort requirement in IFRS 17 and to finalise the editorial correction that would specify that, when assessing whether a contract meets the criteria for the scope of the variable fee approach (‘VFA’), an entity should assess the variability of the amounts to be paid to the policyholder over the duration of the insurance contract (rather than over the duration of the group of insurance contracts).  



Contact us

Romina Soler

Romina Soler

Assurance Partner, PwC Malta

Tel: +356 2564 7293

Christopher  Cardona

Christopher Cardona

Assurance Partner, PwC Malta

Tel: +356 2564 2610

Follow us

Subscribe to the PwC Thought Leadership Newsletters / Alerts

PwC Malta engages through regular publications on relevant issues covering accounting, income tax, VAT, regulatory and industry specific topics.

Required fields are marked with an asterisk(*)

Please tick as appropriate


  1. By submitting your email address, you acknowledge that you have read the Privacy Statement and that you consent to our processing data in accordance with the Privacy Statement (including international transfers).
  2. Personal data can be changed on request, via email - PwC Malta reserves the right to reject new subscription requests or terminate subscriber accounts at any time without notice and/or justification. If you wish to stop receiving these e-mails from us, please send an email with 'Unsubscribe' as the subject.