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.

Friday 3rd April 2020

United Kingdom

HMTStatement from HM Treasury and the Prudential Regulation Authority on the implementation of the Basel 3.1 standards
PRACovid-19 regulatory reporting and disclosure amendments
Joint PRA and HMT statement on the delay to implementation of the Basel 3.1 standards
UK FinanceUK Finance responds to FCA proposals on financial relief for customers impacted by Covid-19
UK Finance responds to HMT announcement on further support for businesses impacted by Covid-19


European Union

EBAEBA publishes Guidelines on treatment of public and private moratoria in light of COVID-19 measures
ESMAESMA Risk Dashboard Risk up-date
ESMA updates its risk assessment in light of the COVID-19 pandemic
EUPARLJoint debt instruments: A recurrent proposal to strengthen economic and monetary union


Republic of Ireland

CBIStatement: COVID-19 (Coronavirus) Hub
DPCCOVID-19: DPC Remote Working Arrangements


Germany

BaFinCountercyclical Capital Buffer: General administrative act to decrease the rate to 0 percent
EIOPA: Hinweise zum verbraucherfreundlichen Verhalten
FSB-Mitglieder sehen bestimmte Bankmitarbeiter als systemkritisch an
EIOPA äußert sich zu Dividenden
BaFin und Bundesbank verschieben den für 2021 geplanten LSI-Stresstest auf das Jahr 2022


France

AMFMarket activities continuity during the Covid-19 pandemic: the AMF states its expectations
Continuité des activités de marché en période de Covid-19 : L'AMF précise ses attentes
BDFLa médiation du crédit aux entreprises est mobilisée pour accompagner les entreprises


Luxembourg

CAANote d’information relative à la prorogation des délais de remise du reporting national annuel et trimestriel dans le contexte COVID-19


United States of America

FDICFIL-33-2020 New SBA and Treasury Programs Available for Small Business Relief
NYDFSNew York State Encourages All New Yorkers to Complete the Census on National Census Day
Amid Ongoing Covid-19 Pandemic, Governor Cuomo Announces State Department of Health Has Approved New Protocol to Allow BiPAP Machines to Be Converted into Ventilators
Following Governor Cuomo’s Announcement, DFS to Take Regulatory Action Requiring Health Insurers to Defer Payment of Premiums Through June 1st For Consumers and Businesses Experiencing Financial Hardship Due To COVID-19 Pandemic
OCCSmall Business Administration Lending
SECSpecial Meeting of the Investor Advisory Committee
Investors Remain Front of Mind at the SEC: Approach to Allocation of Resources, Oversight and Rulemaking; Implementation of Regulation Best Interest and Form CRS
Remarks at Special Meeting of the SEC Small Business Capital Formation Advisory Committee
Special Meeting of the SEC Small Business Capital Formation Advisory Committee Remarks


JapanJapan

FSAFSA publishes Weekly Review No.386


New Zealand

RBNZLonger-term funding to support business lending


South Korea

FSC2020 Korea Fintech Week to be Held as Virtual Expo
Vice Chairman Calls for Swift Delivery of COVID-19 Financial Support
FSC's Response to COVID-19 Outbreak


International / Global

OECDConsumer Prices, OECD - Updated: 2 April 2020


Note: Key Updates as of 8:00am Friday 3rd April 2020