Artículo B3.3.9. IFRS 9 Paragraph B3.3.9

For the purpose of applying paragraph B3.3.8(c) , settlement risk associated with an electronic payment system is insignificant if its characteristics are such that completion of the payment instruction follows a standard administrative process and the time between the criteria in paragraphs B3.3.8(a) and (b) being met and the cash being delivered to the counterparty is short. However, settlement risk would not be insignificant if completion of the payment instruction were subject to the entity’s ability to deliver cash on the settlement date. [ Refer: Basis for Conclusions paragraphs BC3.52-BC3.54 ]