CERTYNEX IFRS ACADEMY

Sigma SA sponsored an unconsolidated structured entity, with which it no longer has any contractual link at the reporting date (case facts). Must it still provide information about the risk arising from its past involvement?

No: the absence of a contractual link at the reporting date ends the information on risks, which follows the contracts existing at that date.

Yes, provided Sigma still holds securities of the entity at the reporting date, the capital link then replacing the contractual link.

Yes: the exposure arising from its past involvement as sponsor falls within the information on risks, even with no contractual link at the reporting date.

Yes, but the standard limits the information to sponsors that provided financial support during the period concerned.