SGV holds IFRS 4 briefing

SGV recently held a briefing on International Financial Reporting Standard (IFRS) 4 Phase 2 Exposure Draft for the insurance industry at the Insurance Commission (IC) building. Led by Markets Head and FSO Leader Ding Nera, the briefing was attended by chief financial officers, controllers and accounting heads from life and non-life insurance companies.

Partner Lucy Chan gave the briefing while Partner Arnel de Jesus facilitated the discussion on the practical implications of the Exposure Draft. The briefing was held in coordination with the Office of the Insurance Commissioner through IC representatives Julie Dueñas and Evelyn Singun. Partners Pep Zabat, Mike Sabado and Ana Lea Bergado were also present during the briefing.