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Reminder – comment deadline on IAS 39 fair value option amendment

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16 Jul 2004

The deadline for comments on IASB's Exposure Draft on Amendments to IAS 39 - The Fair Value Option is this coming Wednesday, 21 July 2004. The ED proposes to restrict the availability of the option to classify individual financial assets and liabilities as measured at fair value through profit and loss by limiting the types of financial assets and financial liabilities to which the option may be applied, and by requiring that the option may be applied only to financial assets and financial liabilities whose fair value is verifiable. .

The deadline for comments on IASB's Exposure Draft on Amendments to IAS 39 - The Fair Value Option is this coming Wednesday, 21 July 2004. The ED proposes to restrict the availability of the option to classify individual financial assets and liabilities as measured at fair value through profit and loss by limiting the types of financial assets and financial liabilities to which the option may be applied, and by requiring that the option may be applied only to financial assets and financial liabilities whose fair value is verifiable.

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