以成本衡量之金融资产.ppt

Please see above ? 2011 KPMG IFRG Limited, a UK registered company limited by guarantee. All rights reserved. Internal use only. * In order to meet the conditions described in the background section [IFRS 9.B4.1.21, 23-25], the investment mandate governing the investments that the issuer could include in the pool would be expected to be narrowly defined. Solution: We believe that an entity should evaluate the relevant facts and circumstances and apply judgement to determine whether the potential ability of an issuer of a tranche to obtain non-financial assets or equity instruments in exchange for financial assets that meet the SPPI criterion means that a tranche does not meet the SPPI criterion. We believe that, in order for a tranche to meet the SPPI criterion, the ability to obtain such assets should be a limited one and the exercise of judgement would include consideration of: ? the investment mandate and related policies governing the acquisition and disposal of investments held by the issuer and their application in practice; the existence and extent of prohibitions from making investments in non-financial assets and equity instruments. For example, whether the issuer only can obtain such assets through seizure of collateral or debt restructurings occasioned by financial difficulties of the obligor and intended to maximise the recovery of cash flows from qualifying instruments; the process for disposing of collateral and investments in equity instruments; and whether any gains from such disposals result in the allocation of cash flows to the tranche that are not consistent with the SPPI criterion or are only allocated to the tranche so as to reduce net credit losses allocated to the tranche. ? 2011 KPMG IFRG Limited, a UK registered company limited by guarantee. All rights reserved. Internal use only. * Please see above ? 2011 KPMG IFRG Limited, a UK registered company limited by guarantee. All rights reserved. Internal use only. * Solution: In th