EFFAS Comments to EFRAG on DCL Amendments to the Classification and Measurement of Financial Instruments IFRS 9 and IFRS 7 (June 2023)
The Commission supports in general EFRAG’s DCL comments on IASB ED IFRS-9 and IFRS-7 as it intends to contribute to the IASB due process. EFFAS also agrees with EFRAG’s proposal of clarifying the amendments proposed in the ED providing a good basis for evaluating whether contractual cash flows of financial assets with ESG-linked or similar features meet SPPI requirements.