IASB consultation re. Post-Implementation Review on IFRS 9 | Part 3: Hedge Accounting

Today, the IASB have published a consultation document (“Request for Information”) as next step of its Post-Implementation Review of IFRS 9, Part 3: Hedge Accounting. This consultation now involves the public interest during this PIR . Before, as a first phase of this PIR, the IASB had performed Outreach and Research – primarily by consulting the IFRS foundations’ bodies – with the aim of identifying the most urgent issues and questions. These issues are the basis for the public consultation that is now under way.

This PIR of IFRS 9 comprises the requirements on hedge accounting for financial instruments only. The issues for discussion and respective questions affect:

• general requirements for hedge accounting under IFRS 9;
• requirements for disclosures on hedge accounting under IFRS 7;
• any other relevant matters.

Other requirements for financial instruments under IFRS 9 have been part of separate PIRs. On the one, the IASB have started during 2021 and finalised by end of 2022 a PIR on IFRS 9 (Part 1: Classification and Measurement). On the other, the IASB have started during 23 and finalised by mid 2024 a PIR on IFRS 9 (Part 2: Impairments).

The IASB is now asking for feedback on this PIR by 26 January 2027.

Please find more information on this PIR and the background on the DRSC’s respective project page (in German only).

Additional information: The IASB is currently conducting a consultation titled “Risk Mitigation Accounting” on future amendments to hedge accounting under IFRS 9. This consultation ends on November 30, 2026. For more information on this project and the ongoing consultation, please visit our separate DRSC project page (in German only).