Global Standards for the world economy

Wednesday 03 March 2021

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Derecognition - Disclosures

Amendments to IFRS 7 Financial Instruments: Disclosures [October 2010]

 Amendments to IFRS 7 Financial Instruments: Disclosures

On 7 October 2010 the IASB issued amendments to IFRS 7 Financial Instruments: Disclosures as part of its comprehensive review of off balance sheet activities.

The amendments will allow users of financial statements to improve their understanding of transfer transactions of financial assets (for example, securitisations), including understanding the possible effects of any risks that may remain with the entity that transferred the assets. The amendments also require additional disclosures if a disproportionate amount of transfer transactions are undertaken around the end of a reporting period.


Document Related material
Read the document: Disclosures—Transfers of Financial Assets (Amendments to IFRS 7).    [PDF 155 KB] [you must be an eIFRS Basic user to view this document] Read the feedback statement outlining how the IASB responded to feedback received through the consultation process [PDF 67 KB]

Related information

Click here for the press release

Click here to read Q&As on   Disclosures of Transfers of Financial Assets (Amendments to IFRS 7)


Click here to go to the Derecognition project page