Amendments to IFRS 7 Financial Instruments: Disclosures Offsetting financial assets and financial liabilities 13AThe disclosures in paragraphs 13B–13E supplement the other disclosure requirements...13BAn entity shall disclose information to enable users of its...13CTo meet the objective in paragraph 13B, an entity shall...13DThe total amount disclosed in accordance with paragraph 13C(d) for...13EAn entity shall include a description in the disclosures of...13FIf the information required by paragraphs 13B–13E is disclosed in...EFFECTIVE DATE AND TRANSITION 44RDisclosures—Offsetting Financial Assets and Financial Liabilities (Amendments to IFRS 7),...Offsetting financial assets and financial liabilities(paragraphs 13A–13F) Scope (paragraph 13A) B40The disclosures in paragraphs 13B–13E are required for all recognised...B41The similar agreements referred to in paragraphs 13A and B40...Disclosure of quantitative information for recognised financial assets and recognised...B42Financial instruments disclosed in accordance with paragraph 13C may be...Disclosure of the gross amounts of recognised financial assets and...B43The amounts required by paragraph 13C(a) relate to recognised financial...Disclosure of the amounts that are set off in accordance...B44Paragraph 13C(b) requires that entities disclose the amounts set off...Disclosure of the net amounts presented in the statement of...B45If an entity has instruments that meet the scope of...B46The amounts required to be disclosed by paragraph 13C(c) must...Disclosure of the amounts subject to an enforceable master netting...B47Paragraph 13C(d) requires that entities disclose amounts that are subject...B48Paragraph 13C(d)(ii) refers to amounts related to financial collateral, including...Limits on the amounts disclosed in paragraph 13C(d) (paragraph 13D)...B49When disclosing amounts in accordance with paragraph 13C(d), an entity...Description of the rights of set-off subject to enforceable master...B50An entity shall describe the types of rights of set-off...Disclosure by type of financial instrument or by counterparty B51The quantitative disclosures required by paragraph 13C(a)–(e) may be grouped...B52Alternatively, an entity may group the quantitative disclosures required by...Other B53The specific disclosures required by paragraphs 13C–13E are minimum requirements....AppendixAmendment to IAS 32 Financial Instruments: Presentation 43This Standard requires the presentation of financial assets and financial...Offsetting Financial Assets and Financial LiabilitiesAmendments to IAS 32 Financial Instruments: Presentation EFFECTIVE DATE AND TRANSITION 97LOffsetting Financial Assets and Financial Liabilities (Amendments to IAS 32),...Application Guidance Criterion that an entity ‘currently has a legally enforceable right...AG38AA right of set-off may be currently available or it...AG38BTo meet the criterion in paragraph 42(a), an entity must...AG38CThe nature and extent of the right of set-off, including...AG38DThe laws applicable to the relationships between the parties (for...Criterion that an entity ‘intends either to settle on a...AG38ETo meet the criterion in paragraph 42(b) an entity must...AG38FIf an entity can settle amounts in a manner such...
Commission Regulation (EU) No 1256/2012
of 13 December 2012
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 7 and International Accounting Standard 32
(Text with EEA relevance) (revoked)
F1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Annotations:
Amendments (Textual)
Regulation revoked (31.12.2020) by The International Accounting Standards and European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/685), reg. 1(2), Sch. 2 para. 35 (with reg. 20(2)) (as amended by S.I. 2020/335, regs. 1, 5); 2020 c. 1, Sch. 5 para. 1(1)