IAS 39 Discretionary Distributions and Economic Compulsion
The IFRIC considered addressing certain issues relating to discretionary distributions and economic compulsion, that were previously reported in the May 2001 edition of News from the SIC that were related to the classification of financial instruments under IAS 32 Financial Instruments: Presentation and Disclosure.
Decision not to add
The IFRIC decided not to address this issue, because the economic compulsion concept was expected to be removed from IAS 32 as part of the improvements project.
IFRIC reference: IAS 39