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Issues related to IAS 39 (paras. BC166-BC197)

Superseded by IFRS 17: Insurance Contracts, para. C34, May 2017, for annual periods beginning on or after 1 January 2023. Earlier application is permitted, see App. C.

[IFRS 9 Financial Instruments replaced IAS 39. IFRS 9 applies to all items that were previously within the scope of IAS 39, unless an insurer applies the temporary exemption from IFRS 9 in paragraphs 20A–20Q and 39B–39J of IFRS 4. That temporary exemption is discussed in paragraphs BC228–BC299.]

[IFRS 9 Financial Instruments eliminated the category of available-for-sale financial assets.]

Comparing proposed amendment...
Assets held to back insurance contracts (paras. BC166-BC180)
Shadow accounting (paras. BC181-BC184)
Investment contracts (paras. BC185-BC187)
Embedded derivatives (paras. BC188-BC194)
Elimination of internal items (paras. BC195-BC197)