Global note and IFRS 9: Difference between pages

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''Securities - issuance''.
International Financial Reporting Standard 9, dealing with financial instruments.


A global note is a document that represents all the bonds that have been issued in a programme and all the terms and conditions of the bonds as set out in the prospectus are attached to and incorporated in the global note.  
The revised IFRS 9 is mandatory for accounting periods starting on or after 1 January 2018.


The circumstances where investors can obtain definitive notes in exchange for their interest in the global notes (for example if the clearing systems fail) are set out on the face of the global note. The global note is held by a custodian, the “common depository” or “common safekeeper” on behalf of the clearing systems (who in turn hold the global note on behalf of the bondholders).  
 
It largely replaced IAS 39 'Financial Instruments: Recognition and Measurement'.  




== See also ==
== See also ==
* [[An introduction to debt securities]]
* [[Fair Value Adjustment]]
* [[Bond]]
* [[Hedge accounting]]
* [[Bondholder]]
* [[IAS 32]]
* [[Clearing]]
* [[IAS 39]]
* [[Custodian]]
* [[IFRS 9 hedge accounting reforms: a closer reflection of risk management?]]
* [[Depositary]]
* [[Impairment]]
* [[Documentation]]
 
* [[Note]]
* [[Prospectus]]
* [[Security]]


[[Category:The_business_context]]
[[Category:Compliance_and_audit]]
[[Category:Corporate_finance]]
[[Category:Investment]]
[[Category:Long_term_funding]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Financial_products_and_markets]]

Revision as of 10:24, 11 July 2018

International Financial Reporting Standard 9, dealing with financial instruments.

The revised IFRS 9 is mandatory for accounting periods starting on or after 1 January 2018.


It largely replaced IAS 39 'Financial Instruments: Recognition and Measurement'.


See also