commiss regul ec novemb amend regul ec adopt intern account standard accord regul ec european parliament council insert ia text eea relev commiss european commun regard treati establish european commun regard regul ec european parliament council juli applic intern account standard articl thereof commiss regul ec intern standard interpret extant septemb adopt decemb intern account standard board iasb publish revis intern account standard ia financi instrument recognit measur part iasb initi improv standard time compani adopt ia time purpos revis improv qualiti consist bodi exist ia march iasb issu amend ia financi instrument recognit measur fair hedg account portfolio hedg interest rate risk gener object amend simplifi implement ia enabl fair hedg account portfolio hedg interest rate risk pursuant regul ec object commiss stabl platform intern account standard place januari import provis ia subject unfinish discuss iasb european central bank prudenti supervisor bank industri provis relat option fair financi asset liabil hedg account provis concern area complet autonom distinct separ rest standard order respect date januari introduc ia except provis ia introduc option fair financi asset liabil restrict iasb recent publish exposur draft consult paper propos amend ia order restrict fair option contain standard propos amend direct respons concern express european central bank prudenti supervisor repres basel committe secur regul member state concern fair option inappropri case compani liabil commiss consid question import requir examin iasb receiv comment propos amend expect final decis issu end regul permit fair option appli financi asset case financi asset trade activ liquid market compani care appli fair option financi asset lead reliabl measur full fair option appli iasb develop solut issu commiss recognis solut issu found full fair option option provis relat option distinct separ part standard hedg account discuss ia suffici take account european bank oper asset liabil manag fix interest rate environ controversi limit hedg account cash flow hedg fair hedg strict requir effect hedg european bank argu ia appli hedg account core deposit portfolio basi forc carri disproportion costli asset liabil manag account system portfolio hedg due intern interact law larg number hedg singl asset singl liabil argu enabl portfolio hedg account core deposit fair measur basi consist principl ia fair financi liabil demand featur amount payabl demand question account treatment portfolio hedg design reflect particular bank oper fix interest rate environ recognis signific issu iasb creat matter prioriti work group examin propos made european bank introduct ia hedg account method interest margin hedg reflect close bank conduct asset liabil manag provis ia directli relat account treatment portfolio hedg adopt mandatori stage consid final chang futur relev provis exclud mandatori applic distinct separ rest standard concern provis reflect portfolio approach prevent applic hedg account portfolio core deposit provis assimil prepay risk interest rate risk prevent continu risk manag techniqu recognis accept bank supervisor compani option appli provis appli hedg account provis ia exist commun law account standard treatment financi instrument essenti element core set standard appli compani object arriv end situat amend ia adopt full commiss commiss review applic ia provis relat fair option hedg account amend iasb latest decemb solut work iasb european central bank bank supervisor full fair option commiss close follow ongo work regularli review applic standard similarli adopt provis hedg account futur close link progress made work group set iasb compani prepar time financi statement accord intern financi report standard ifr appli ia version annex regul consid quot time adopt quot mean ifr adopt regul ec present regul purpos ifr cost transit full ia ifr outweigh benefit user financi statement reason continu appli case move full applic endors ia refer ifr ia ifr adopt regul ec constru refer ia ifr adopt basi regul ec adopt ia impli consequ amend ia sic adopt regul ec order ensur consist account standard concern commiss conclud ia set annex regul meet criteria adopt set articl regul ec regul ec amend measur provid regul accord opinion account regulatori committe adopt regul articl intern account standard ia financi instrument recognit measur except provis fair option provis relat hedg account insert annex regul ec text insert refer subparagraph set annex regul compani regard quot time adopt quot accord paragraph refer ifr ia ifr constru refer ia ifr adopt commiss basi regul ec ia sic intern financi report standard amend accord appendix ia set annex regul articl regul enter forc dai public offici journal european union appli januari latest brussel novemb commiss frederik bolkestein member commiss oj oj regul amend regul ec oj annex annex annex annex