New EFRAG Survey on Current Practices in Dynamic Interest Rate Risk Management
EFRAG is conducting a survey to gather insights into current practices in dynamic interest rate risk management, along with the related capabilities of banks, insurers, financial conglomerates, and other entities. This initiative is in anticipation of the forthcoming Dynamic Risk Management (’DRM’) model proposed by the IASB.
The survey results will be used for the design of a field test for the upcoming IASB's Exposure Draft (‘ED’) on DRM, as well as for EFRAG’s draft comment letter in response to the ED.
What does the survey include?
The survey comprises the following sections:
Section 1 – General questions;
Section 2 – Questions for banks;
Section 3 – Questions for insurers;
Section 4 – Question for financial conglomerates; and
Section 5 – Questions for other entities.
Stakeholders are invited to complete the survey electronically using the link provided below. The survey deadline is 31 July 2025. Survey participants are not required to answer every question, but can respond only to the sections relevant to them.
A document containing the survey questions is also available, should respondents wish to consult it beforehand. While some questions in the form depend on responses to previous ones, the PDF document displays all questions.
This is the first of two surveys planned as part of the DRM project. The second survey, which will focus more on the technical aspects of the proposed DRM model, is expected to be launched following the publication of the ED, currently expected in Q4 2025.
For any queries regarding the survey content, please contact: