The impact of COVID-19 on financial markets and the global economy has been severe and continues to unfold as governments consider various courses of action. The impact on almost all asset classes and industries has been pervasive, which may leave even the most sophisticated institutions grappling with how to best respond.
In this article we explore how the impact of COVID-19 on financial markets affects the valuation of financial instruments and the risk management efforts of financial institutions. We highlight some key considerations for entities with exposure to financial markets with regard to instrument valuations, pricing and risk management.
Partner, PwC South Africa
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Senior Associate, PwC South Africa
Tel: Tel: +27 (0) 11 797 0484