The current situation of IFRS 17 endorsement process in EU has changed. ARC has voted and approved the application of IFRS 17 in EU starting 1.1.2023. The important information is that IFRS 17 is being endorsed with the additional option to not comply with the annual cohort requirement as prescribed in paragraph 22 of IFRS 17 for specific types of contracts. If the entity chooses such option it shall disclose further explanatory information such as for which portfolios the company has applied for this exemption. The Commission shall review this optional exemption by 31 December 2027 and, where appropriate, propose to amend or end that exemption.
Moreover, in the link below you can find IFRS 17 Standard in various languages such as Czech, Slovak, Croatian or Hungarian. Please follow THE LINK.