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IFRS 9 — Financial assets eligible for the election to present changes in fair value in other comprehensive income

Date recorded:


In May 2017, the IC discussed whether a financial instrument, classified as equity by the issuer in accordance with IAS 32.16A-16D, is eligible for FVTOCI classification in terms of IFRS The IC concluded that it is clear from the requirements of IFRS 9 and IAS 32 that such financial instruments are financial liabilities and are not equity instruments as defined. Accordingly, they are not eligible for FVTOCI classification in terms of IFRS The IC decided not to take the issue onto its agenda.

Staff analysis of comment letters received

Three comment letters were received in which all the respondents agreed with the IC’s decision. No significant comments were raised.

Staff recommendation

The Staff recommended that the IC finalise the agenda decision.


The IC approved the Staff recommendation without discussion.

Related Topics

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.