Fair Value Framework F03-24b

What financial assets and financial liabilities are not eligible for the fair value option?

1. Investment in a subsidiary that is to be consolidated
2. Interest in a variable interest entity that is to be consolidated
3. Employers’ and plans’ obligations (or assets) for pension benefits, other post retirement benefits, post employment benefits and other employee oriented plans
4. Financial assets and liabilities recognized under lease accounting
5. Demand deposit liabilities of financial institutions
6. Financial instruments that are classified by the issuer as a component of shareholders’ equity