OSFI issues final guideline on IFRS 9 Financial Instruments and Disclosures for FREs

OSFI is issuing the final version of its guideline IFRS 9 Financial Instruments and Disclosures, which provides guidance to federally regulated entities on the application of International Financial Reporting Standard 9 Financial Instruments, and in particular, the implementation of the expected loss framework under IFRS 9.  The guideline also incorporates a number of OSFI’s existing accounting and disclosure guidelines related to financial instruments.