March 26, 2020 | 1 minute read

COVID-19 | Regulatory Intelligence Bulletin | Thursday 26th March 2020

Chris Brown

Manager

Director

Partner

Manager

Director

Partner

The COVID-19 situation is complex and fast-moving, resulting in an extremely challenging environment to navigate. This daily regulatory intelligence bulletin, powered by RegHub and Corlytics, aims to provide a summary of regulatory developments relating to COVID-19. More information on how COVID-19 might impact your firm is available here.

Thursday 26th March 2020

United Kingdom

CMA	CMA approach to business cooperation in response to COVID-19
HM Treasury	Covid-19: Estate agents, lettings agencies and bingo halls to pay no business rates this coming financial year
HM Treasury	Joint letter to the UK banks from HM Treasury, the Bank of England, and the FCA
UK Finance	UK Finance responds to NCA warning on Covid-19 related scams

Republic of Ireland

CBI

Response to Pearse Doherty TD on COVID and mortgage holders affected published 25 March 2020

European Union

EBA	EBA provides clarity to banks and consumers on the application of the prudential framework in light of COVID-19 measures
ESMA	ESMA issues guidance on accounting implications of COVID-19
ESMA	Accounting implications of the COVID-19 outbreak on the calculation of expected credit losses in accordance with IFRS 9

Germany

BaFin	BaFin advises investors to exercise caution with buy recommendations for shares
	ESMA informiert Emittenten über Kalkulation erwarteter Kreditverluste nach IFRS 9

France