Skip to Main Content

IFRS 9 override extended to 2029 for existing investments

(Shutterstock)

The International Financial Reporting Standard 9 (IFRS 9) statutory override is to continue for existing investments in pooled investment funds made before 1 April 2024, and will apply up to 1 April 2029.

Please subscribe or upgrade your membership. To continue reading this article please sign in below or subscribe to our site.

Subscribe

The Ministry of Housing, Communities and Local Government (MHCLG) decided to implement these transitionary arrangements for legacy investments following responses to a consultation on

Interest rate risk management is vital to determining borrowing and investment strategy and outcomes. From visual aids to top tips, Jackie Shute, head of local authority strategy at Public Sector Live Ltd, offers an overview of best practice.

(Jackie Schute)