Commission Regulation (EU) No 2019/237 of 8 February 2019

The Commission Regulation (EU) No 2019/237 of 8 February 2019, published in the Official Journal of the European Union L 39 on 11 February 2019, adopts Long Term Interests in Associates and Joint Ventures (Amendments to IAS 28). The objective of the amendments is to clarify that the impairment requirements of IFRS 9 Financial Instruments apply to Long Term Interests in Associates and Joint Ventures.

Each company shall apply the standard, at the latest, as from the commencement date of its first financial year starting on or after 1 January 2019.