# 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 283

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

Under IFRS, transaction costs directly attributable to the acquisition or issue of financial instruments measured at fair value through profit or loss shall be included as a part of ‘ Gains or losses on financial assets and liabilities held for trading, net ’ , ‘ Gain or losses on non-trading financial assets mandatorily at fair value through profit or loss, net ’ and ‘ Gains or losses on financial assets and liabilities designated at fair value through profit or loss, net ’ , depending on the accounting portfolio in which those transaction costs are classified. Those transaction costs shall not be part of the initial acquisition or issuance value of those instruments and shall be immediately recognized in profit or loss.

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Source: https://www.legislation.gov.uk/eur/2014/680/annex/V/part/2/division/21/division/21.1/division/283 (the official version)
Page: https://openlegislation.uk/eu-regulation-2014-680/annex-V/part-2/division-21/division-21.1/division-283
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.