IAS 39 temporary carve-out (2005)

Please see the latest version of IAS 39 with highlighted carve-out - as of 1 January 2008

In 2004 there were two carve-outs in IAS 39 (Commission Regulation (EC) No 2086/2004 of 19.11.2004 ) concerning:

Subsequently, the fair value option carve out was resolved through Commission Regulation (EC) No 1864/2005 of 15. 11.2005.

The accounting services of the Commission are working together with IASB and EBF to resolve the remaining hedge accounting carve-out.

15.11.2005: Commission endorses "IAS 39 Fair Value Option"
11.07.2005: Frequently Asked Questions (FAQ) on Financial instruments: recognition and measurement - IAS 39 The Fair Value Option
08.07.2005: Financial reporting: EU Accounting Regulatory Committee supports Commission proposal to endorse “IAS 39 Fair Value Option”
19.11.2004: IAS 39 Financial Instruments: Recognition and Measurement - Frequently Asked Questions (FAQ)
19.11.2004: Commission endorses IAS 39