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Sep 2016

In this IFRS/HKFRS news, we update you on current IC rejections related to IAS 20 Government Grants, IFRS 11 Joint Arrangements and IFRS 10 Consolidated Financial Statements, and IFRIC 12 Service Concession Arrangements. We share with you update from Cannon Street on an amendment to IFRS 4 Insurance Contracts, to address the concerns of insurance companies about the different effective dates of IFRS 9, "Financial instruments", and the forthcoming new insurance contracts standard.

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