Commission Regulation (EC) No 1171/2009 of 30 November 2009

The Commission Regulation (EC) No 1171/2009 of 30 November 2009, published in the Official Journal of the European Union L314 on 1 December 2009, amends IFRIC Interpretation 9 Reassessment of Embedded Derivatives and IAS 39 Financial Instruments: Recognition and Measurement. The amendments to IFRIC 9 and IAS 39 clarify the treatment of derivative financial instruments embedded in other contracts when a hybrid financial asset is reclassified out of the fair value through profit or loss category.