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Italian IFRS17 support materials available

Posted on March 10, 2024 by Editor

The ABI-XBRL Italia working group has published ESEF-IFRS17 support materials. The aim is to assist listed financial institutions in aligning their consolidated financial statements with Regulation 815/2019 (ESEF) and the accounting principles in IFRS 17 on Insurance Contracts.

The final document, available on the XBRL Italia website, includes a methodological paper and two attachments containing proposed tagging for financial disclosures and the explanatory notes.

This year-long project saw active participation from ABI, XBRL Italia, major Italian banking issuers, and collaboration from the Bank of Italy.

Access the documents (in Italian) here.

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