# Commission Implementing Regulation (EU) No 680/2014 of 16 April 2014 laying down implementing technical standards with regard to supervisory reporting of institutions according to Regulation (EU) No 575/2013 of the European Parliament and of the Council (Text with EEA relevance), Division 39

Extent: E+W+S+N.I.

Under IFRS, ‘ Other financial liabilities ’ shall include financial guarantees given where they are measured either at fair value through profit or loss (IFRS 9.4.2.1(a)) or at the amount initially recognised less cumulative amortization (IFRS 9.4.2.1(c)(ii)). Loan commitments given shall be reported as ‘ Other financial liabilities ’ where they are designated as financial liabilities at fair value through profit or loss (IFRS 9.4.2.1(a)) or they are commitments to provide a loan at a below-market interest rate (IFRS 9.2.3(c), IFRS 9.4.2.1(d)).

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Source: https://www.legislation.gov.uk/eur/2014/680/annex/V/part/1/division/5/division/5.3/division/39 (the official version)
Page: https://openlegislation.uk/eu-regulation-2014-680/annex-V/part-1/division-5/division-5.3/division-39
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.