The COVID-19 situation is complex and fast-moving, resulting in an extremely challenging environment to navigate. We have developed a daily regulatory intelligence bulletin, powered by RegHub and Corlytics, which 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.

Wednesday 22nd April 2020

United Kingdom

LSELSEG plc Annual General Meeting, Tuesday 21 April 2020, Chair's statement by Don Robert
HMTLetter to front line staff providing essential banking services

European Union

ECState aid: Commission approves €2 billion Slovak employment aid scheme to preserve jobs and support the self-employed during the coronavirus outbreak
State aid: Commission approves €50 million Italian subsidised loans scheme to support agriculture, forestry and fishery sectors affected by coronavirus outbreak in Friuli Venezia Giulia region
State aid: Commission approves €75.5 million Estonian schemes in the form of direct grants and payment advantages to support companies in coronavirus outbreak
State aid: Commission approves €100 million Italian guarantee scheme to support SMEs in the agriculture, forestry, fishery and aquaculture sectors affected by the coronavirus outbreak
State aid: Commission approves €200 million Irish scheme to support companies affected by the coronavirus outbreak
State aid: Commission approves €2 billion Finnish public guarantee and subsidised loan scheme to support companies affected by the coronavirus outbreak
ECBFabio Panetta: Why we all need a joint European fiscal response
EFAMANet sales of equity funds take a hit in February as Covid 19 crisis breaks out 
EUPARLOutlook for the video-conference call of EU Heads of State or Government on 23 April 2020
Economic Dialogue with the President of the Eurogroup - 21 April 2020
The economy and coronavirus - Weekly Picks 21/04/2020


ACPRLes incertitudes sur l’ampleur des impacts de la crise imposent une gestion prudente des fonds propres des assureurs


DNDContribution by Klaas Knot to virtual session Danske Bank about economic impact of COVID-19
DNBulletin: Digital currency issued by central banks can protect public interests in payment systems

United States of America

CFPBMedia Advisory: Consumer Financial Protection Bureau Releases Video for Non-Filers on Economic Impact Payments
CFTCICYMI: Chairman Tarbert Discusses Crude Oil Futures on CNBC’s Squawk Alley
FDICRegulatory Capital Rule: Paycheck Protection Program Lending Facility and Paycheck Protection Program Loans; Correction 12 CFR Part 324 RIN 3064–AF49 Final rule; correcting amendment Effective Date: April 21, 2020
NYDFSICYMI: Superintendent Linda A. Lacewell's Op-Ed In Daily News: Helping Main Street, Not Wall Street, Recover From The Coronavirus
SECEmerging Market Investments Entail Significant Disclosure, Financial Reporting and Other Risks; Remedies are Limited

Hong Kong

HKMATriggering of the Strong-side Convertibility Undertaking


FSC金管會推動簡易申貸方案 銀行採簡易評分表辦理小規模營業人貸款


SEBIOne-time relaxation with respect to validity of SEBI Observations
Measures to further facilitate fund raising from capital markets in the backdrop of COVID-19 pandemic
Relaxations from certain provisions of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 in respect of Rights Issue
Relaxation in timelines for compliance with regulatory requirements by trading members / clearing members

South Korea

FSCFSC Revises Rules to Help Expedite Emergency Relief Payments to Households


APRAAPRA commences new data collection to assess temporary early release of superannuation scheme

New ZealandJapan

RBNZReserve Bank proposes to remove LVR restrictions

Global / InternationalJapan

ICMAICMA publishes 38th survey of the European repo market and report on market conditions during the COVID-19 pandemic
ISDASwapsInfo First Quarter of 2020 Review: Summary

Note: Key Updates as of 8:00am Wednesday 22nd April 2020