The ECB published an overview and endorsement of some actions taken by euro area macroprudential authorities (including central banks and banking supervisors) to reduce capital requirements, including the countercyclical capital buffer and other macroprudential buffers, to address the impact of the COVID-19 outbreak on the financial sector. And it published frequently asked questions (FAQs) on ECB supervisory measures in reaction to the coronavirus. They cover topics such as dividends and relief measures regarding asset quality deterioration and non-performing loans, the operational aspects of supervision and capital and liquidity requirements.

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