The Commission Regulation (EU) No 2018/400 of 14 March 2018, published in the Official Journal of the European Union L 72 on 15 March 2018, adopts Amendments to IAS 40 Investment Property – Transfers of Investment Property. The amendments clarify when a company is allowed to reclassify a property to (or from) the ‘investment property’ category.

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 2018.