Commission Regulation (EU) No 2021/25 of 13 January 2021

The Commission Regulation (EU) No 2021/25 of 13 January 2021, published in the Official Journal of the European Union L 11 on 14 January 2021, adopts Interest Rate Benchmark Reform – Phase 2 – Amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16.

Each company shall apply the amendments referred to in Article, at the latest, as from the commencement date of its first financial year starting on or after 1 January 2021.