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DNB supports ESRB recommendation on restriction of distributions during the COVID-19 pandemic

By Nikolai de Koning on July 6, 2020

On 6 July 2020, the Dutch Central Bank (De Nederlandsche Bank, DNB) issued a press release supporting the recent recommendation from the European Systemic Risk Board (ERSB) on the restriction of distributions during the COVID-19 pandemic.

DNB expects that during these uncertain times investment firms and alternative investment funds will closely monitor their financial buffers. If these financial undertakings foresee any short term shortfalls, DNB expects to be notified as soon as possible.

  • Posted in:
    Financial, International
  • Blog:
    Global Regulation Tomorrow
  • Organization:
    Norton Rose Fulbright
  • Article: View Original Source

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