The FRC’s review focussed mainly on the requirements in IAS 36 (Impairment of Assets) and IAS 37 (Provisions). Other standards that also require the use of discounting such as for example IFRS 16 (Leases), IFRS 9 (Financial Instruments) or IAS 19 (Employee Benefits) have not been considered in greater detail as the FRC believes that there are fewer implementation issues and clearer requirements in these standards on the determination of appropriate discount rates to use.