Commission Regulation (EU) No 1293/2009 of 23 December 2009

The Commission Regulation (EU) No 1293/2009 of 23 December 2009, published in the Official Journal of the European Union L347 on 24 December 2009, amends IAS 32 Financial instruments: presentation – Classification of Rights Issues.

The amendment to IAS 32 clarifies how to account for certain rights when the issued instruments are denominated in a currency other than the functional currency of the issuer.