The International Accounting Standards Board (IASB) has
published Interest Rate Benchmark Reform - Amendments
to IFRS 9, IAS 39 and IFRS 7 equivalent to amendments to
MFRS 9, MFRS 139 and MFRS 7 which has been approved
by Malaysian Accounting Standard Board on 31 October
2019), in response to the ongoing reform of interest rate
benchmarks around the world. The amendments aim to
provide relief for hedging relationships.