Artículo 4.2.1. IFRS 9 Paragraph 4.2.1

An entity shall classify all financial liabilities as subsequently measured at amortised cost , [ Refer: paragraphs 5.3.1 and 5.3.2 ] except for: (a) financial liabilities at fair value through profit or loss . Such liabilities, including derivatives that are liabilities, shall be subsequently measured at fair value. [ Refer: IFRS 13 ] (b) financial liabilities that arise when a transfer of a financial asset does not qualify for derecognition or when the continuing involvement approach applies. Paragraphs 3.2.15 and 3.2.17 apply to the measurement of such financial liabilities. (c) financial guarantee contracts . After initial recognition, an issuer of such a contract shall (unless paragraph 4.2.1(a) or (b) applies) subsequently measure it at the higher of: (i) the amount of the loss allowance determined in accordance with Section 5.5 and (ii) the amount initially recognised (see paragraph 5.1.1 ) less, when appropriate, the cumulative amount of income recognised in accordance with the principles of IFRS 15 . (d) commitments to provide a loan at a below‑market interest rate. An issuer of such a commitment shall (unless paragraph 4.2.1(a) applies) subsequently measure it at the higher of: (i) the amount of the loss allowance determined in accordance with Section 5.5 and (ii) the amount initially recognised (see paragraph 5.1.1 ) less, when appropriate, the cumulative amount of income recognised in accordance with the principles of IFRS 15 . (e) contingent consideration recognised by an acquirer in a business combination to which IFRS 3 applies. Such contingent consideration shall subsequently be measured at fair value with changes recognised in profit or loss. [ Refer: IFRS 3 paragraph 58(b)(i) and IFRS 3 Basis for Conclusions paragraphs BC360D⁠–⁠BC360F and BC360I ] [ Refer: paragraph B5.2.1 ] [The requirements for embedded derivatives have implications for the unit of account to which the classification criteria for financial liabilities are applied. Refer: paragraphs 4.3.1⁠–⁠4.3.7 and B4.3.1⁠–⁠B4.3.12 ]