IFRIC 17

In November 2008 IFRIC issued IFRIC 17 “Distributions of Non-cash Assets to Owners”. IFRIC 17 was endorsed by the European Union and incorporated into European law in November 2009. This Interpretation relates to the recognition and measurement of...

IFRS 3

In the case of a business combination achieved in stages, the acquirer shall remeasure, at the date on which it obtains control, its previously held equity interest in the acquiree at its acquisition-date fair value. Where applicable, goodwill is the excess of the...

Basel

We pointed out that there were indeed differing opinions at an international level as to the risk associated with the fair value option. Moreover, the Paper was not aimed at imposing additional restrictions with regard to risk management or the application of the fair...

Insider dealings

Pursuant to Section 15 of the Securities Trading Act (Wertpapierhandelsgesetz – WpHG), in the version of the Investor Protection Enhancement Act (Anlegerschutzverbesserungsgesetz – AnSVG) of 30 October 2004, an issuer of financial instruments that are admitted to...