CHAPTER I

GENERAL PROVISIONS

Definitions
Article 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Scope of application
Article 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Basic accounting assumptions
Article 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Recognition of assets and liabilities
Article 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Economic and cash/settlement approaches
Article 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
CHAPTER II

COMPOSITION AND VALUATION RULES FOR THE BALANCE SHEET

Composition of the balance sheet
Article 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Provision for foreign exchange rate, interest rate, credit and gold price risks
Article 7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Balance sheet valuation rules
Article 8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Reverse transactions
Article 9 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Marketable equity instruments
Article 10 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Hedging of interest rate risk on securities with derivatives
Article 11 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Synthetic instruments
Article 12 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
CHAPTER III

INCOME RECOGNITION

Income recognition
Article 13 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Cost of transactions
Article 14 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
CHAPTER IV

ACCOUNTING RULES FOR OFF-BALANCE-SHEET INSTRUMENTS

General rules
Article 15 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Foreign exchange forward transactions
Article 16 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Foreign exchange swaps
Article 17 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Future contracts
Article 18 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Interest rate swaps
Article 19 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Forward rate agreements
Article 20 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Forward transactions in securities
Article 21 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Options
Article 22 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
CHAPTER V

ANNUAL PUBLISHED BALANCE SHEET AND PROFIT AND LOSS ACCOUNT

Formats
Article 23 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
CHAPTER VI

FINAL PROVISIONS

Development, application and interpretation of rules
Article 24 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Repeal
Article 25 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Entry into force
Article 26 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Repealed by Decision (EU) 2016/2247 of the European Central Bank of 3 November 2016 on the annual accounts of the European Central Bank (ECB/2016/35) (recast).