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  "documentTitle": "HSBC | Investor Day Presentation Deck | 24 slides",
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  "presentationDate": "2023-03-01 00:00:00",
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  "notes": "The slide uses a line chart to illustrate the 'Day 1' profit recognition difference between the two standards.",
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      "text": "Profit over the life of an individual contract is unchanged, however its emergence will be later under IFRS 17",
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      "text": "HSBC adopted IFRS 17 from 1 January 2023. Equity at transition impacted by: Elimination of PVIF, Establishing CSM liability, Reclassification of assets. Revenue booked over duration. Earnings generated by unwind of CSM. Expenses in CSM.",
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