When a financial institution obtains financial or non-financial assets during the period by
taking possession of collateral it holds as security or calling on other credit
enhancements (eg guarantees), and such assets meet the recognition criteria in
other sections, a financial institution shall disclose:
(a) the nature and carrying amount of the assets obtained; and
(b) when the assets are not readily convertible into cash, its policies for disposing of
such assets or for using them in its operations.