The following amendments to Singapore Financial Reporting Standards (International) (SFRS(I)) apply to annual periods beginning on or after 1 January 2026.
Classification and Measurement of Financial Instruments (SFRS(I) 9 and SFRS(I) 7)
- Clarifies how to assess financial assets with ESG-linked or similar contingent features.
- Allows an option to derecognise financial liabilities settled through electronic payment systems before the settlement date, if conditions are met.
- Adds disclosures for equity investments designated at fair value through other comprehensive income and for contingent features.
Annual Improvements to SFRS(I)s – Volume 11
Minor amendments and clarifications to several standards, including SFRS(I) 1-7, SFRS(I) 7, SFRS(I) 9 and SFRS(I) 10.
Action Points
- Review loans and investments with ESG-linked terms
- Assess payment and settlement practices for liabilities
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