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ASC issued SFRS(I) 17 Insurance Contracts and FRS 117 Insurance Contracts

The ASC has issued the following Singapore Financial Reporting Standard (International) (SFRS(I)) and Financial Reporting Standard (FRS): 

  1. SFRS(I) 17 Insurance Contracts, and 
  1. FRS 117 Insurance Contracts

The SFRS(I) 17 Insurance Contracts and FRS 117 Insurance Contracts are effective for annual reporting periods beginning on or after 1 January 2021, with earlier application permitted. 


Click here for SFRS(I) 17 Click here for FRS 117