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Clifford Chance

Clifford Chance

Briefings

Coronavirus: Extension of deadlines for the financial sector

28 May 2020

The Law of 12 May 2020 extending certain deadlines in the financial sector during the state of crisis has been published in the Official Journal and entered into force on 12 May 2020. The new law has introduced a three-month extension for certain obligations listed in the table below, which are not subject to harmonisation at the European level, in order to anticipate the difficulties that certain regulated financial, fund and insurance sector entities may encounter in fulfilling their obligations in terms of preparation and publication of periodic accounts and reports during the exceptional situation caused by the Covid-19 pandemic.

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