{
  "url": "https://openlegislation.uk/eu-regulation-2018-1699/annex-III",
  "json_url": "https://openlegislation.uk/eu-regulation-2018-1699/annex-III.json",
  "legislation": "eur/2018/1699",
  "legislation_title": "Commission Implementing Regulation (EU) 2018/1699 of 9 November 2018 laying down technical information for the calculation of technical provisions and basic own funds for reporting with reference dates from 30 September 2018 until 30 December 2018 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)",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2018-1699",
  "path": "annex/III",
  "kind": "annex",
  "number": "III",
  "heading": "Volatility adjustment to the relevant risk-free interest rate term structure",
  "text": "Currency\nNational insurance market\nVolatility adjustment (in bps)\nEuro\nAustria\n13\nEuro\nBelgium\n13\nEuro\nCyprus\n13\nEuro\nEstonia\n13\nEuro\nFinland\n13\nEuro\nFrance\n13\nEuro\nGermany\n13\nEuro\nGreece\n13\nEuro\nIreland\n13\nEuro\nItaly\n13\nEuro\nLatvia\n13\nEuro\nLithuania\n13\nEuro\nLuxembourg\n13\nEuro\nMalta\n13\nEuro\nNetherlands\n13\nEuro\nPortugal\n13\nEuro\nSlovakia\n13\nEuro\nSlovenia\n13\nEuro\nSpain\n13\nCzech koruna\nCzech Republic\n8\nDanish krone\nDenmark\n31\nForint\nHungary\n3\nKrona\nSweden\n5\nKuna\nCroatia\n7\nLev\nBulgaria\n– 9\nPound sterling\nUnited Kingdom\n21\nRomanian leu\nRomania\n2\nZloty\nPoland\n6\nKróna\nIceland\n16\nNorwegian krone\nNorway\n30\nSwiss franc\nLiechtenstein\n0\nSwiss franc\nSwitzerland\n0\nAustralian dollar\nAustralia\n10\nCanadian dollar\nCanada\n23\nUS dollar\nUnited States\n33\nYen\nJapan\n1",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2018/1699/annex/III",
    "retrieved_at": "2026-11-01T14:43:50.162529+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}