IFRS 9 Financial Liablilty

All financial liabilities – amortised cost

Exception –
If held for trading or per entity choice – FVTPL,
need to split credit risk shown in OCI.

Financial guarantee contracts, higher of:
– The amount of loss allowance determined in accordance with IFRS 9 on expected credit losses
– The amount initially recognised less, when appropriate, cumulative amount of income recognised in accordance with IFRS 15 Revenue from contracts with customer
All fair value movements, AND credit risk go through P&L

Am i correct ?