# Commission Regulation (EU) 2018/498 of 22 March 2018 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) (revoked)

EU Regulation 2018/498 · adopted 22 March 2018

Commission Regulation (EU) 2018/498 of 22 March 2018 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)

## Introductory text

Commission Regulation (EU) 2018/498
of 22 March 2018
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) (revoked)
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## Signature

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### Division Prepayment Features with Negative Compensation: (Amendments to IFRS 9)

## Amendments to IFRS 9 Financial Instruments

Paragraph 7.1.7 is added. A new heading and paragraphs 7.2.29–7.2.34 are added.
In Appendix B, paragraphs B4.1.11(b) and B4.1.12(b) are amended. Paragraph B4.1.12 A is added. Paragraph B4.1.10 has not been amended but has been included for ease of reference.

### Division Chapter 7: Effective date and transition

## 7.1 EFFECTIVE DATE

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## 7.2 TRANSITION

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### Division: CLASSIFICATION (CHAPTER 4)

## Classification of financial assets (Section 4.1)

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## Contractual cash flows that are solely payments of principal and interest on the principal amount outstanding

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### Division: Contractual terms that change the timing or amount of contractual cash flows

## B4.1.10 

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## B4.1.11 The following are examples of contractual terms that result in contractual cash flows that are solely payments of principal and interest on the principal amount outstanding:

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## B4.1.12 Despite paragraph B4.1.10, a financial asset that would otherwise meet the condition in paragraphs 4.1.2(b) and 4.1.2 A(b) but does not do so only as a result of a contractual term that permits (or requires) the issuer to prepay a debt instrument or permits (or requires) the holder to put a debt instrument back to the issuer before maturity is eligible to be measured at amortised cost or fair value through other comprehensive income (subject to meeting the condition in paragraph 4.1.2(a) or the condition in paragraph 4.1.2 A(a)) if:

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## B4.1.12 A 

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Source: https://www.legislation.gov.uk/eur/2018/498 (the official version)
Page: https://openlegislation.uk/eu-regulation-2018-498
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.