Artículo 3.2.16. IFRS 9 Paragraph 3.2.16

If an entity neither transfers nor retains substantially all the risks and rewards of ownership of a transferred asset, and retains control of the transferred asset, the entity continues to recognise the transferred asset to the extent of its continuing involvement. [ Refer: Basis for Conclusions paragraph BCZ3.27 ] The extent of the entity’s continuing involvement in the transferred asset is the extent to which it is exposed to changes in the value of the transferred asset. For example: (a) When the entity’s continuing involvement takes the form of guaranteeing the transferred asset, the extent of the entity’s continuing involvement is the lower of (i) the amount of the asset and (ii) the maximum amount of the consideration received that the entity could be required to repay (‘the guarantee amount’). (b) When the entity’s continuing involvement takes the form of a written or purchased option (or both) on the transferred asset, the extent of the entity’s continuing involvement is the amount of the transferred asset that the entity may repurchase. However, in the case of a written put option on an asset that is measured at fair value [ Refer: IFRS 13 ] , the extent of the entity’s continuing involvement is limited to the lower of the fair value of the transferred asset and the option exercise price (see paragraph B3.2.13 ). (c) When the entity’s continuing involvement takes the form of a cash‑settled option or similar provision on the transferred asset, the extent of the entity’s continuing involvement is measured in the same way as that which results from non‑cash settled options as set out in (b) above. [ Refer: paragraphs B3.2.16(n) and B3.2.17 Basis for Conclusions paragraphs BCZ3.27⁠–⁠BCZ3.29 ]