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.


Tuesday 28th April 2020

United Kingdom

CMACMA clears NHS hospital trusts merger
FCAStatement on the UK Coronavirus Business Interruption Loan Scheme (CBILS) and the new Bounce Back loan scheme (BBL)
HMTSmall businesses boosted by bounce back loans
Chancellor’s statement to Parliament
PRAStatement on the regulatory treatment of the UK Coronavirus Business Interruption Loan Scheme (CBILS) and the UK Coronavirus Large Business Interruption Loan Scheme (CLBILS)
UK FinanceUK Finance issues joint statement on behalf of seven largest SME lenders


Jersey

JFSCWebinar: Covid-19 implications on customer due diligence


European Union

ECState aid: Commission approves €550 million German State-guaranteed loan to compensate airline Condor for damage caused by coronavirus outbreak
State aid: Commission approves €4 million Belgian scheme to support coronavirus related research and development projects
ENISATips for selecting and using online communication tools
EUPARLThematic Digest on EU Economic Governance during the pandemic
The economy and coronavirus - Weekly Picks 27/04/2020
Developing a pandemic emergency purchase programme: Unconventional monetary policy to tackle the coronavirus crisis


France

AMFRetail investor behaviour during the COVID-19 crisis
The AMF publishes a study of retail investor behaviour in equity markets during the coronavirus pandemic


Italy

BDICredito e liquidità per famiglie e imprese: quasi 1,3 milioni di richieste per moratoria al 17 aprile


Luxembourg

CSSFGlobal situation of undertakings for collective investment at the end of February 2020 (only in French)


United States of America

FRBAgencies extend comment period on updates to resolution plan guidance for large foreign banks
MSRBMSRB Chief Market Structure Officer to Support Federal Reserve on COVID-19 Response
OCCCredit Administration
SECSEC Announces Investor Advisory Committee Meeting Focusing on COVID-19


Hong Kong

HKMAHere comes the Black Swan


Singapore

ABSABS Statement on Scam Calls Masquerading as Banks


India

SEBIExtension of implementation date of Circular on ‘Review of Margin Framework for Cash and Derivatives segments (except for Commodity Derivatives Segment)’
SEBI reduces Broker turnover fees and filing fees for issuers


JapanJapan

BOJEnhancement of Monetary Easing [PDF 34KB]
Strengthening of the Special Funds-Supplying Operations to Facilitate Financing in Response to the Novel Coronavirus (COVID-19)


South KoreaJapan

FSCExtension of Reporting Deadline Available for Companies Affected by COVID-19
Deferment of Principal Payment Available for Vulnerable Debtors


Note: Key Updates as of 8:00am Tuesday 28th April 2020