IASB amendments to IFRS 9

The IASB identified a need to work on certain aspects of IFRS 9, Financial Instruments, as a result of its post-implementation review of the standard. In 2022, it decided to add a project to its research pipeline, and in February 2025, it began its work to address the concerns that had been identified, which were around the application of the "effective interest method". This article provides a summary of its progress to date based on a breakout session on financial instruments at the IFRS Foundation Conference in June 2025, board updates and other relevant papers.