Artículo 6.8.1. IFRS 9 Paragraph 6.8.1

An entity shall apply paragraphs 6.8.4⁠–⁠6.8.12 and paragraphs 7.1.8 and 7.2.26(d) to all hedging relationships directly affected by interest rate benchmark reform. These paragraphs apply only to such hedging relationships. A hedging relationship is directly affected by interest rate benchmark reform only if the reform gives rise to uncertainties about: (a) the interest rate benchmark (contractually or non-contractually specified) designated as a hedged risk; and/or (b) the timing or the amount of interest rate benchmark-based cash flows of the hedged item or of the hedging instrument. [ Refer: Basis for Conclusions paragraphs BC6.555⁠–⁠⁠BC6.557 ]