EFRAG Endorsement Advice on Amendments to the Classification and Measurement of Financial Instruments (Amendments to IFRS 9 and IFRS 7)

​EFRAG
has completed its due process regarding Amendments to the Classification and Measurement of Financial
Instruments (Amendments to IFRS 9 and IFRS 7) (‘the Amendments’) and
has submitted its Endorsement Advice to the European Commission.

​The Amendments mainly respond to a request from stakeholders to clarify some aspects of the application guidance for assessing the contractual cash flow characteristics of financial assets and accounting for the settlement of financial liabilities through electronic payment systems, which were raised during the Post-implementation Review of IFRS 9 Classification and Measurement and through a request to the IFRS Interpretations Committee and are effective for annual periods beginning on or after 1 January 2026 with earlier application permitted.

EFRAG has submitted its Endorsement Advice relating to Amendments to the Classification and Measurement of Financial Instruments (Amendments to IFRS 9 and IFRS 7) for use in the European Union and European Economic Area. EFRAG assesses that the Amendments meet all technical endorsement criteria of the IAS Regulation and are conducive to the European public good. It therefore recommends endorsement of the Amendments.

EFRAG has also updated its Endorsement Status Report.