The Financial and Sustainability Reporting Standards Council (FSRSC) has approved on December 15, 2021 the amendment to PFRS 17 Insurance Contracts.
The amendment defers the date of initial application of PFRS 17 by two years to annual periods beginning on or after January 1, 2025. Earlier application is still permitted for entities that apply PFRS 9 Financial Instruments on or before the date of initial application of PFRS 17. If an entity applies PFRS 17 earlier, it shall disclose that fact.
The preface to the foregoing amendment can be accessed here.