Search Legislation

Advanced Search

Commission Regulation (EU) No 1174/2013Show full title

Commission Regulation (EU) No 1174/2013 of 20 November 2013 amending Regulation (EC) No 1126/2008 adopting certain international accounting standards in accordance with Regulation (EC) No 1606/2002 of the European Parliament and of the Council as regards International Financial Reporting Standards 10 and 12 and International Accounting Standard 27 (Text with EEA relevance) (revoked)

Help about what version

What Version

Help about UK-EU Regulation

Legislation originating from the EU

When the UK left the EU, legislation.gov.uk published EU legislation that had been published by the EU up to IP completion day (31 December 2020 11.00 p.m.). On legislation.gov.uk, these items of legislation are kept up-to-date with any amendments made by the UK since then.

Close

This item of legislation originated from the EU

Legislation.gov.uk publishes the UK version. EUR-Lex publishes the EU version. The EU Exit Web Archive holds a snapshot of EUR-Lex’s version from IP completion day (31 December 2020 11.00 p.m.).

Changes to legislation:

There are currently no known outstanding effects by UK legislation for Commission Regulation (EU) No 1174/2013. Help about Changes to Legislation

Close

Changes to Legislation

Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.

  1. Introductory Text

  2. Article 1.(1) The Annex to Regulation (EC) No 1126/2008 is amended...

  3. Article 2.Each company shall apply the amendments referred to in Article...

  4. Article 3.This Regulation shall enter into force on the third day...

  5. Signature

    1. ANNEX

      INTERNATIONAL ACCOUNTING STANDARDS

      2. Investment Entities (Amendments to IFRS 10, IFRS 12 and IAS 27)

        1. Amendments to IFRS 10 Consolidated Financial Statements

          1. 2 To meet the objective in paragraph 1, this IFRS:

          2. 3 …

          3. 4 An entity that is a parent shall present consolidated financial...

          4. DETERMINING WHETHER AN ENTITY IS AN INVESTMENT ENTITY

            1. 27 A parent shall determine whether it is an investment entity....

            2. 28 In assessing whether it meets the definition described in paragraph...

            3. 29 If facts and circumstances indicate that there are changes to...

            4. 30 A parent that either ceases to be an investment entity...

          5. INVESTMENT ENTITIES: EXCEPTION TO CONSOLIDATION

            1. 31 Except as described in paragraph 32, an investment entity shall...

            2. 32 Notwithstanding the requirement in paragraph 31, if an investment entity...

            3. 33 A parent of an investment entity shall consolidate all entities...

          6. DETERMINING WHETHER AN ENTITY IS AN INVESTMENT ENTITY

            1. B85A An entity shall consider all facts and circumstances when assessing...

            2. Business purpose

              1. B85B The definition of an investment entity requires that the purpose...

              2. B85C An investment entity may provide investment-related services (eg investment advisory...

              3. B85D An investment entity may also participate in the following investment-related...

              4. B85E If an investment entity has a subsidiary that provides investment-related...

              5. Exit strategies

                1. B85F An entity’s investment plans also provide evidence of its business...

                2. B85G Exit strategies can vary by type of investment. For investments...

                3. B85H An investment entity may have an investment in another investment...

              6. Earnings from investments

                1. B85I An entity is not investing solely for capital appreciation, investment...

                2. B85J An investment entity may have a strategy to invest in...

            3. Fair value measurement

              1. B85K An essential element of the definition of an investment entity...

              2. B85L In order to meet the requirement in B85K(a), an investment...

              3. B85M An investment entity may have some non-investment assets, such as...

            4. Typical characteristics of an investment entity

              1. B85N In determining whether it meets the definition of an investment...

              2. More than one investment

                1. B85O An investment entity typically holds several investments to diversify its...

                2. B85P There may be times when the entity holds a single...

              3. More than one investor

                1. B85Q Typically, an investment entity would have several investors who pool...

                2. B85R Alternatively, an investment entity may be formed by, or for,...

                3. B85S There may also be times when the entity temporarily has...

              4. Unrelated investors

                1. B85T Typically, an investment entity has several investors that are not...

                2. B85U However, an entity may still qualify as an investment entity...

              5. Ownership interests

                1. B85V An investment entity is typically, but is not required to...

                2. B85W In addition, an entity that has significant ownership interests in...

          7. ACCOUNTING FOR A CHANGE IN INVESTMENT ENTITY STATUS

            1. B100 When an entity ceases to be an investment entity, it...

            2. B101 When an entity becomes an investment entity, it shall cease...

            3. C1B Investment Entities (Amendments to IFRS 10, IFRS 12 and IAS...

            4. C2A Notwithstanding the requirements of paragraph 28 of IAS 8, when...

            5. C3A At the date of initial application, an entity shall assess...

            6. C3B Except for any subsidiary that is consolidated in accordance with...

            7. C3C Before the date that IFRS 13 Fair Value Measurement is...

            8. C3D If measuring an investment in a subsidiary in accordance with...

            9. C3E If an investment entity has disposed of, or has lost...

            10. C3F If an entity applies the Investment Entities amendments for a...

            11. C6A Notwithstanding the references to the annual period immediately preceding the...

        2. Appendix Consequential amendments to other Standards

          1. IFRS 1 First-time Adoption of International Financial Reporting Standards

            1. 39T Investment Entities (Amendments to IFRS 10, IFRS 12 and IAS...

            2. D16 If a subsidiary becomes a first-time adopter later than its...

            3. D17 However, if an entity becomes a first-time adopter later than...

            4. Investment entities

              1. E6 A first-time adopter that is a parent shall assess whether...

              2. E7 A first-time adopter that is an investment entity, as defined...

          2. IFRS 3 Business Combinations

            1. 2A The requirements of this Standard do not apply to the...

            2. 7 The guidance in IFRS 10 shall be used to identify...

            3. 64G Investment Entities (Amendments to IFRS 10, IFRS 12 and IAS...

          3. IFRS 7 Financial Instruments: Disclosures

            1. 3 This IFRS shall be applied by all entities to all...

            2. 44X Investment Entities (Amendments to IFRS 10, IFRS 12 and IAS...

          4. IAS 7 Statement of Cash Flows

            1. 40A An investment entity, as defined in IFRS 10 Consolidated Financial...

            2. 42A Cash flows arising from changes in ownership interests in a...

            3. 42B Changes in ownership interests in a subsidiary that do not...

            4. 58 Investment Entities (Amendments to IFRS 10, IFRS 12 and IAS...

          5. IAS 12 Income Taxes

            1. 58 Current and deferred tax shall be recognised as income or...

            2. 68C As noted in paragraph 68A, the amount of the tax...

            3. 98C Investment Entities (Amendments to IFRS 10, IFRS 12 and IAS...

          6. IAS 24 Related Party Disclosures

            1. 4 Related party transactions and outstanding balances with other entities in...

            2. 9 The terms ‘control’ and ‘investment entity’, ‘joint control’, and ‘significant...

            3. 28B Investment Entities (Amendments to IFRS 10, IFRS 12 and IAS...

          7. IAS 32 Financial Instruments: Presentation

            1. 4 This Standard shall be applied by all entities to all...

            2. 97N Investment Entities (Amendments to IFRS 10, IFRS 12 and IAS...

          8. IAS 34 Interim Financial Reporting

            1. 16A In addition to disclosing significant events and transactions in accordance...

            2. 54 Investment Entities (Amendments to IFRS 10, IFRS 12 and IAS...

          9. IAS 39 Financial Instruments: Recognition and Measurement

            1. 2 This Standard shall be applied by all entities to all...

            2. 80 … It follows that hedge accounting can be applied to...

            3. 103R Investment Entities (Amendments to IFRS 10, IFRS 12 and IAS...

        3. Amendments to IFRS 12 Disclosure of Interests in Other Entities...

          1. 2 To meet the objective in paragraph 1, an entity shall...

          2. Investment entity status

            1. 9A When a parent determines that it is an investment entity...

            2. 9B When an entity becomes, or ceases to be, an investment...

            3. INTERESTS IN UNCONSOLIDATED SUBSIDIARIES (INVESTMENT ENTITIES)

              1. 19A An investment entity that, in accordance with IFRS 10, is...

              2. 19B For each unconsolidated subsidiary, an investment entity shall disclose:

              3. 19C If an investment entity is the parent of another investment...

              4. 19D An investment entity shall disclose:

              5. 19E If, during the reporting period, an investment entity or any...

              6. 19F An investment entity shall disclose the terms of any contractual...

              7. 19G If during the reporting period an investment entity or any...

              8. 21A An investment entity need not provide the disclosures required by...

              9. 25A An investment entity need not provide the disclosures required by...

              10. C1B Investment Entities (Amendments to IFRS 10, IFRS 12 and IAS...

        4. Amendments to IAS 27 Separate Financial Statements

          1. 5 The following terms are defined in Appendix A of IFRS...

          2. 6 Separate financial statements are those presented in addition to consolidated...

          3. 8A An investment entity that is required, throughout the current period...

          4. 11A If a parent is required, in accordance with paragraph 31...

          5. 11B When a parent ceases to be an investment entity, or...

          6. 16A When an investment entity that is a parent (other than...

          7. 17 When a parent (other than a parent covered by paragraphs...

          8. 18 … If an entity applies this Standard earlier, it shall...

          9. 18A Investment Entities (Amendments to IFRS 10, IFRS 12 and IAS...

          10. 18B If, at the date of initial application of the Investment...

          11. 18C At the date of initial application, an investment entity that...

          12. 18D At the date of initial application, an investment entity that...

          13. 18E At the date of initial application, an investment entity shall...

          14. 18F Before the date that IFRS 13 Fair Value Measurement is...

          15. 18G If measuring the investment in the subsidiary in accordance with...

          16. 18H If an investment entity has disposed of, or lost control...

          17. 18I Notwithstanding the references to the annual period immediately preceding the...

Back to top

Options/Help

Print Options

Close

Legislation is available in different versions:

Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.

Original (As adopted by EU): The original version of the legislation as it stood when it was first adopted in the EU. No changes have been applied to the text.

Close

Opening Options

Different options to open legislation in order to view more content on screen at once

Close

More Resources

Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as adopted version that was used for the EU Official Journal
  • lists of changes made by and/or affecting this legislation item
  • all formats of all associated documents
  • correction slips
  • links to related legislation and further information resources
Close

Timeline of Changes

This timeline shows the different versions taken from EUR-Lex before exit day and during the implementation period as well as any subsequent versions created after the implementation period as a result of changes made by UK legislation.

The dates for the EU versions are taken from the document dates on EUR-Lex and may not always coincide with when the changes came into force for the document.

For any versions created after the implementation period as a result of changes made by UK legislation the date will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. For further information see our guide to revised legislation on Understanding Legislation.

Close

More Resources

Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as adopted version that was used for the print copy
  • correction slips

Click 'View More' or select 'More Resources' tab for additional information including:

  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • links to related legislation and further information resources

The data on this page is available in the alternative data formats listed: