Dec 05, 2016
From the Financial Reporting View
The November 2016, Issue 34 of KPMG ISG's IFRS Newsletter: Financial Instruments summarizes the November IASB meeting at which the Board continued to discuss its project about financial instruments with characteristics of equity. Specifically, the Board continued to discuss the classification under the Gamma approach of financial instruments that meet the so-called puttables exception under IAS 32, Financial Instruments: Presentation. The Board also discussed whether to retain that exception. It did not discuss the macro hedge project during the meeting.