FRS 109 Financial Instruments will apply to entities for annual periods beginning on or after 1 January 2018.
On or about 22 November 2017, the Inland Revenue Authority of Singapore (IRAS) has published an e-Tax Guide which provides guidance on the tax treatment for entities adopting FRS 109.
FRS 109 will supersede FRS 39 Financial Instruments: Recognition and Measurement.
The e-Tax Guide can be downloaded from the IRAS website.
Source: IRAS, 22 November 2017