Artículo 7.2.8. IFRS 9 Paragraph 7.2.8

At the date of initial application an entity may designate: (a) a financial asset as measured at fair value through profit or loss in accordance with paragraph 4.1.5 ; or (b) an investment in an equity instrument as at fair value through other comprehensive income in accordance with paragraph 5.7.5 . Such a designation shall be made on the basis of the facts and circumstances that exist at the date of initial application. That classification shall be applied retrospectively. [ Refer: paragraph B7.2.1 Basis for Conclusions paragraph BC7.19 ]