In December 2018, the IVSC constituted a new Financial Instruments Board, tasked with reviewing and improving IVS 500: Financial Instruments. That board—which brings together senior representatives from global banks and other institutions, regulators, auditors, analysts, and others—has now concluded the first of two phases of a proposed new standard, resulting in the publication of this Exposure Draft. The IVSC request that comments be received by 19 April, so that the Exposure Draft is fully informed by those that commission, prepare, review, and ultimately use valuation information. Download the Financial Instruments Exposure Draft and access the online feedback form.