The International Accounting Standards Board (IASB) at its meeting on 14 November 2018 tentatively decided to propose that:
The mandatory effective date of IFRS 17, Insurance Contracts (IFRS 17), be deferred by one year, to 2022, and
The fixed expiry date for the optional temporary exemption from applying IFRS 9, Financial Instruments (IFRS 9), which is granted to insurers meeting certain criteria, also be deferred by one year, to 2022
