IAS39 Derecongnition financial instrument exposure draft

Hi All,

I use last year’s BPP text book and not sure the new text book has any change in adopting IAS 39 exposure draft in coming exam. Could you kindly advise me in the new criteria for derecongnition of financial instrument under IAS39 ED. For example, to derecongnite the financial instrument by evaluating whether an entity still has ” existence of control ” on the financial assets, replace the old criteria -whether the ” risk and reward” has transferred, and then derecongnite financial instrument. Thanks you for your help.
Linda