Early Adoption of IFRS 9 Financial Instruments

OSFI is issuing a draft advisory on Early Adoption of IFRS 9 Financial Instruments for Federally Regulated Entities with October year-ends. The draft advisory outlines OSFI’s expectations for the effective date for Federally Regulated Entities (FREs) with an October 31 year-end.

OSFI is seeking comments on the Draft Advisory by November 7, 2014.