BaFin: Consultation on Investments in Bonds of Euro Member States

With view to the introduction of the European Stability Mechanism (ESM) the German Insurance Supervisor (BaFin) offers a consultation to the public on how investments in bonds of Euro member states that are held as restricted assets in the portfolios of German insurers should be treated from Jan. 1, 2014 onwards (deadline 01.03.2013).

In general the stipulations of Circular R 4/2011 shall be put into effect again.

For further details please contact us.

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