Artículo 7.2.3. IFRS 9 Paragraph 7.2.3

At the date of initial application, an entity shall assess whether a financial asset meets the condition in paragraphs 4.1.2(a) or 4.1.2A(a) on the basis of the facts and circumstances that exist at that date. The resulting classification shall be applied retrospectively irrespective of the entity’s business model in prior reporting periods. [ Refer: paragraph B7.2.1 and Basis for Conclusions paragraph BC7.18 ]