We begin this first edition of 2017 by considering the European Securities and Markets Authority's recent public statement on the implementation of IFRS 9 'Financial Instruments'. The statement will be of interest to many companies inside and outside Europe as the Standard's 1 January 2018 effective date draws closer.

We then move on to look at a number of amendments that the IASB has recently made to its Standards and some proposals which are in its pipeline. Further on in the newsletter, you will find IFRS-related news at Grant Thornton and a general round-up of financial reporting developments.

We finish with a summary of the implementation dates of newer Standards that are not yet mandatory, and a list of IASB publications that are out for comment.