NEWS
COVID-19 - Impact on Financial Sector - 20 April 2020
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Please find below a summary of COVID-19 developments relevant to our clients; these alerts are dedicated to following up on the financial regulators’ responses to the crisis. We have also created a COVID-19 Resource Center to offer legal and business insights as this crisis continues to evolve. We wish you and your loved ones well.
If you have any questions please feel free to contact:
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Tom Van Dyck |
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Freya Mareels |
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Wim Dedecker |
| 17/04/2020 |
Due to the COVID-19 outbreak, the European Insurance and Occupational Pensions Authority will in the coming weeks carry out extraordinary calculations on a weekly basis to monitor the evolution of the relevant risk-free interest rate term structures (RFR) and the symmetric adjustment to equity risk (EDA). EIOPA is publishing this information in order to support insurance and reinsurance undertakings in the monitoring of their solvency and financial position. The information will be published on a specific area of the website created for this purpose both for RFR and EDA and named “Extraordinary weekly updates”. |
Copyright - Please do not quote without permission. Please note that this alert is not a legal advice.
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