The European Central Bank suspended events, staff travel and public visits to its headquarters due to coronavirus.
The Frankfurt authority said in a statement it restrict all nonessential travel for both employees and its Executive Board due to the outbreak.
The precautions will be in place until at least April 20 to protect staff from the spread of the virus.
“With todays measures, we are taking steps to ensure the safety and well-being of our staff while maintaining a fully operational central bank and banking supervision function,” ECB President Christine Lagarde said.
The ECBs steps go further than those in place at other EU financial watchdogs, which have suspended missions to affected areas like China and Northern Italy and asked staff and visitors not to come to their premises for two weeks after returning from a virus hot spot.
Visits to the ECB are now suspended and conferences are postponed or canceled.