Commission Regulation (EC) No 1004/2008 of 15 October 2008

The Commission Regulation (EC) No 1004/2008 of 15 October 2008, published in the Official Journal of the European Union L275 on 16 October 2008, amends the IAS 39 Financial instruments: recognition and measurement and the IFRS 7 Financial instruments: disclosures.
The amendments to IAS 39 and IFRS 7 allow the reclassification of certain financial instruments out of the category ‘held-for-trading’ in rare circumstances.