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Commission Implementing Regulation (EU) 2020/193Show full title
Commission Implementing Regulation (EU) 2020/193 of 12 February 2020 laying down technical information for the calculation of technical provisions and basic own funds for reporting with reference dates from 31 December 2019 until 30 March 2020 in accordance with Directive 2009/138/EC of the European Parliament and of the Council on the taking-up and pursuit of the business of Insurance and Reinsurance (Text with EEA relevance)
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ANNEX III Volatility adjustment to the relevant risk-free interest rate term structure
| Currency | National insurance market | Volatility adjustment (in bps) |
|---|---|---|
| Euro | Austria | 7 |
| Euro | Belgium | 7 |
| Euro | Cyprus | 7 |
| Euro | Estonia | 7 |
| Euro | Finland | 7 |
| Euro | France | 7 |
| Euro | Germany | 7 |
| Euro | Greece | 7 |
| Euro | Ireland | 7 |
| Euro | Italy | 7 |
| Euro | Latvia | 7 |
| Euro | Lithuania | 7 |
| Euro | Luxembourg | 7 |
| Euro | Malta | 7 |
| Euro | Netherlands | 7 |
| Euro | Portugal | 7 |
| Euro | Slovakia | 7 |
| Euro | Slovenia | 7 |
| Euro | Spain | 7 |
| Czech koruna | Czech Republic | 13 |
| Danish krone | Denmark | 20 |
| Forint | Hungary | 1 |
| Krona | Sweden | 10 |
| Kuna | Croatia | 0 |
| Lev | Bulgaria | -2 |
| Pound sterling | United Kingdom | 15 |
| Romanian leu | Romania | 3 |
| Zloty | Poland | 8 |
| Króna | Iceland | -1 |
| Norwegian krone | Norway | 40 |
| Swiss franc | Liechtenstein | 5 |
| Swiss franc | Switzerland | 5 |
| Australian dollar | Australia | 8 |
| Canadian dollar | Canada | 33 |
| US dollar | United States | 29 |
| Yen | Japan | 2 |
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