Artículo 5.4.5. IFRS 9 Paragraph 5.4.5

An entity shall apply paragraphs 5.4.6⁠–⁠5.4.9 to a financial asset or financial liability if, and only if, the basis for determining the contractual cash flows of that financial asset or financial liability changes as a result of interest rate benchmark reform. For this purpose, the term ‘interest rate benchmark reform’ refers to the market-wide reform of an interest rate benchmark as described in paragraph 6.8.2 . [ Refer: Basis for Conclusions paragraphs BC5.294⁠–⁠BC5.300 ]