Financial assets whether, another, category, available

dandman

if we reclassyfy an asset from one category to another am confused as to whether at the reclassfication point we should treat it by the rules of the new category or the old.

see below

1. reclassfy from available for sale to held for trading

a. immediately recognise gains and losses in Income statement under IFRS
b. amortize gain or loss over the remaining life
c.recognise gains or losses under US Gaap

2. reclassfy from held for trading to Available for sale

a. un realised gains or lossed reported in income statement
b. un realised gains or lossed reported in OCI
c. classification not permitted.