General Hedge Accounting – IFRS9 draft
The IASB has posted the draft of the forthcoming general hedge accounting requirements that will be added to IFRS 9 Financial Instruments.
Technical deliberations are now complete and the IASB is not seeking comments on the draft. Expected to be finalised into IFRS 9 last quarter of 2012.
Please note that the draft on macro hedging is not complete, this draft and upcoming IFRS 9 change is only for general hedging.
Link to the official web site http://www.ifrs.org/Current-Projects/IASB-Projects/Financial-Instruments-A-Replacement-of-IAS-39-Financial-Instruments-Recognitio/Phase-III-Hedge-accounting/Pages/Draft-of-IFRS-General-Hedge-Accounting.aspx