What could happen when bonds go bad? The ESRB publishes its July 2020 assessment on Fallen Angels Risk

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This Client Alert summarizes the findings of the ESRB’s recent assessment of the impact of fallen angels for the EU’s financial system and possible policy actions by the ESRB and other EU supervisory and regulatory policymakers.

Please see full alert below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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