The New Countdown to IFRS17 Implementation: Convergence of the Upcoming SEC Reporting Standards and the Current IC Reporting on Quantitative Impact Assessment

IC Circular Letter No. 2025-04, following the recent FSRSC and PR-BOA Resolution, has formalized the adoption of PFRS17 for SEC Reporting effective Jan. 1, 2027. Meanwhile, the current IC Reporting on semestral Quantitative Impact Assessment (QIA) has been expanded from 2024 and 2025 to cover the year 2026 and to converge in the official year 2027.

The Miravite IFRS17 Series, in collaboration with PIRA, facilitates discussion on setting up the Target Operating Model and the Dual-General Ledger Platform for both SEC and IC Reporting. The Miravite Actuary will speak on the optimal solution for compliance and convenience.

For RSVP details:

Email Jolo at Jolo.Veneracion@MAi-Asia.com