Impairment of financial asset at Fair value and Amortised cost

Hello Mr. Stephen, I hope you are well.
I want to confirm the following statements from you. Please correct me if I am wrong.

When debt instrument is valued at fair value then expected credit loss(ECL) will not affect the fair value of the debt instrument but ECL is recognised in SPL and fair value loss in OCI. On sale of asset, Financial asset is derecognised and the loss in OCI is recycled to SPL.

When financial asset is valued at amortised cost then ECL is recognised as a loss allowance creating an expense to be charged to profit or loss and offset against the carrying amount of the financial asset on the statement of financial position.

Thanks