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.


Thursday 23rd April 2020

United Kingdom

CMAMerger assessments during the Coronavirus (COVID-19) pandemic
COVID-19: CMA approach to merger assessments
UK FinanceBanking and mobile industries unite to tackle Covid-19 text message scams


European Union

EBAEBA provides further guidance on the use of flexibility in relation to COVID-19 and calls for heightened attention to risks
ECState aid: Commission approves €5.3 million Maltese scheme to support research and development related to coronavirus outbreak
State aid: Commission approves €110 million Polish loan and guarantee scheme to support the economy in coronavirus outbreak
State aid: Commission approves Dutch guarantee scheme of up to €10 billion to support the economy in context of coronavirus outbreak
State aid: Commission approves €38 million Swedish scheme to compensate damages caused by cancelled or postponed cultural events due to coronavirus outbreak
Coronavirus: Commission announces exceptional measures to support the agri-food sector
Coronavirus: Commission proposes €3 billion macro-financial assistance package to support ten neighbouring countries
ECBECB takes steps to mitigate impact of possible rating downgrades on collateral availability
EUPARLTen technologies to fight coronavirus


United States of America

CFTCStatement of Commissioner Dan M. Berkovitz—Meeting of the Agricultural Advisory Committee on the COVID-19 Pandemic and Agricultural Commodity Markets
Opening Statement of Commissioner Brian Quintenz before the CFTC Agricultural Advisory Committee
Opening Statement of Chairman Heath P. Tarbert Before the April 22 Agricultural Advisory Committee Meeting
DOTStatement by Secretary Mnuchin on the Spring 2020 Meeting of the Social Security and Medicare Boards of Trustees
FDICFIL-49-2020 Banker Webinar: How to Become a Paycheck Protection Program (PPP) Lender
NYDFSDFS Directs Health Plans to Provide Financial and Administrative Relief To New York Hospitals During COVID-19 Pandemic


China

PBCCredit Support for the Real Economy is Better Targeted and More Effective
PBC Held 2020 Anti-Money Laundering Work Virtual Conference


Hong Kong

HKMAPostponement of 2020 Supervisor-Driven Stress Test
Staunch Support for the Banking Sector and the Economy – A Three-pronged Approach
US Dollar Liquidity Facility


Singapore

SGXRegulator’s Column: What SGX expects of issuers’ disclosures during COVID-19


Phillipines

BSPBangko Sentral ng Pilipinas Encourages Shift to E-payments Amid Quarantine
SECPSEC TRACKS DOWN MORE UNAUTHORIZED INVESTMENT SCHEMES


AustraliaJapan

ASIC20-095MR ASIC notes financial reporting changes


Global / InternationalJapan

OECDCovid-19 crisis underscores need to address trade in fake pharmaceuticals, say OECD & EUIPO
The global response to the coronavirus pandemic must not be undermined by bribery


Note: Key Updates as of 8:00am Thursday 23rd April 2020