(fra kommisjonsforordningen)

(1) By means of Commission Regulation (EU) 2023/1803, the Commission adopted certain international accounting standards and interpretations existing on 8 September 2022. 

(2) On 26 June 2026, the International Accounting Standards Board issued amendments to International Accounting Standard 28 ‘Investments in Associates and Joint Ventures’ (‘IAS 28’), clarifying the scope of the fair value option for measuring investments in associates and joint ventures. The amendments aim to reduce diversity in practice arising from different interpretations of the scope of the fair value option under IAS 28 and the interaction with the requirements in International Financial Reporting Standards 18 ‘Presentation and Disclosure in Financial Statements’ (‘IFRS 18’) in relation to the classification of income and expenses in the statement of profit or loss, as set out in Regulation (EU) 2023/1803, as amended by Regulation (EU) 2026/338. 

(3) As part of the implementation of IFRS 18, as laid down in Regulation (EU) 2023/1803, as amended by Regulation (EU) 2026/338, companies are provided with a transition opportunity to consider whether to elect the fair value option under IAS 28. They should therefore apply the amendments to IAS 28 from the commencement date of the first financial year in which they apply IFRS 18. 

(4) Following a consultation with EFRAG, the Commission concluded that the amendments to IAS 28 meet the conditions set out in Article 3(2) of Regulation (EC) No 1606/2002 for adoption of international accounting standards by the Commission. 

(5) Regulation (EU) 2023/1803 should therefore be amended accordingly. 

(6) The measures provided for in this Regulation are in accordance with the opinion of the Accounting Regulatory Committee,