Furthermore, we would like to highlight the existing difference between available for sale and held for trading assets. Due to the IAS (International Accounting Standards) definitions regarding AfS, according to IAS 39, AfS financial assets are those non-derivative financial assets that are designated as AfS, or are not classified as: loans and receivables or HTM (Held to maturity) investments, are not held for trading and are not designated as at FVTPL (Fair Value Through Profit and Loss) on initial recognition. Given that per definition assets held for trading cannot be included in AfS it would.
