IFRS 9 Financial Instruments and Disclosures

OSFI's draft guideline IFRS 9 Financial Instruments and Disclosures 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 draft guideline also incorporates a number of OSFI's existing accounting and disclosure guidelines related to financial instruments. OSFI is inviting comments on the draft guideline until May 6, 2016.