Commission Regulation (EC) No 1126/2008 of 3 November 2008 adopting certain international accounting standards in accordance with Regulation (EC) No 1606/2002 of the European Parliament and of the Council (Text with EEA relevance) (c. 1126)

ANNEX U.K. INTERNATIONAL ACCOUNTING STANDARDS

[F1 INTERNATIONAL FINANCIAL REPORTING STANDARD 9 Financial Instruments

Textual Amendments

F1 Inserted by Commission Regulation (EU) 2016/2067 of 22 November 2016 amending Regulation (EC) No 1126/2008 adopting certain international accounting standards in accordance with Regulation (EC) No 1606/2002 of the European Parliament and of the Council as regards International Financial Reporting Standard 9 (Text with EEA relevance).

CHAPTER 3 U.K. Recognition and derecognition

3.2 DERECOGNITION OF FINANCIAL ASSETS U.K.

Continuing involvement in transferred assets U.K.

3.2.19. For the purpose of subsequent measurement, recognised changes in the fair value of the transferred asset and the associated liability are accounted for consistently with each other in accordance with paragraph 5.7.1, and shall not be offset.] U.K.