
Article 1 
Article 35 of Regulation (EC) No 809/2004 is amended as follows:

((1)) in paragraph 5, the second subparagraph is added:
'In addition to standards referred to in the first subparagraph, from 1 January 2012, third country issuers may present their historical financial information in accordance with the following standards:
((a)) Generally Accepted Accounting Principles of the People’s Republic of China;
((b)) Generally Accepted Accounting Principles of Canada;
((c)) Generally Accepted Accounting Principles of the Republic of Korea.'
((2)) paragraph 5a is replaced by the following:
'
5a. Third country issuers are not subject to a requirement, under Annex I, item 20.1; Annex IV, item 13.1; Annex VII, item 8.2; Annex X, item 20.1 or Annex XI, item 11.1, to restate historical financial information, included in a prospectus and relevant for the financial years prior to financial years starting on or after 1 January 2015, or to a requirement under Annex VII, item 8.2.bis; Annex IX, item 11.1; or Annex X, item 20.1.bis, to provide a narrative description of the differences between International Financial Reporting Standards adopted pursuant to Regulation (EC) No 1606/2002 and the accounting principles in accordance with which such information is drawn up relating to the financial years prior to financial years starting on or after 1 January 2015, provided that the historical financial information is prepared in accordance with the Generally Accepted Accounting Principles of the Republic of India.'
Article 2 
This Regulation shall enter into force on the third day following its publication in the Official Journal of the European Union.
It shall apply from 1 January 2012.
This Regulation shall be binding in its entirety and directly applicable in all Member States.Done at Brussels, 21 December 2011.
For the Commission
The President
José Manuel BARROSO