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 29th April 2020

United Kingdom

FCADear CEO: Ensuring fair treatment of corporate customers preparing to raise equity finance
HMTCovid-19: Update on tax policy documents
LSBResponse to the Chancellor’s announcement of changes to the Coronavirus Business Interruption Loans Scheme (CBILS)
UK FinanceLenders grant 1.6 million payment holidays to mortgage holders


European Union

AFMEAFME welcomes European Commission legislative proposal on Capital Requirements Regulation but more is needed
ECCoronavirus: Commission issues guidance to mitigate clinical trial disruption in the EU
Remarks by Executive Vice-President Dombrovskis at the press conference on the Commission banking package to facilitate lending to households and businesses in the EU
ECBApril 2020 euro area bank lending survey
EFAMAEFAMA calls for urgent completion of PRIIP KID review to protect retail investors and support economic recovery


France

BDFRésultats de l’enquête d’avril 2020 sur la distribution du crédit bancaire dans la zone euro


Germany

BBKApril results of the Bank Lending Survey (BLS) in Germany


Netherlands

DNDBanks report increased demand for corporate loans
LAFMMerendeel recente hypotheeksluiters maakt zich geen zorgen om maandlasten door coronacrisis


United States of America

CFTCStatement of Commissioner Brian D. Quintenz on the End of His Term and Future Plans
DOLU.S. Department of Labor Issues COVID-19 Relief and Guidance for Employee Benefit Plans
NYDFSExamination Report - Build America Mutual Assurance Company
SECSmall Business Capital Formation Advisory Committee to Discuss the SEC’s Capital Formation Proposal on May 8
Praxsyn Corporation and Frank J. Brady
SEC Charges Company and CEO for COVID-19 Scam


South KoreaJapan

FSCGovernment Adopts Revised Rules to Facilitate Effective Delivery of Emergency Relief Payments


Philippines 

BSPBangko Sentral ng Pilipinas Notes Necessity of E-payments During ECQ
BSP Waives Fees to Offer Digital Financial Services


Global / InternationalJapan

FATFFATF extends its assessment and follow-up deadlines in response to COVID-19
ISDASwapsInfo First Quarter of 2020 Review
OECDJoining forces in Latin America and the Caribbean to help minimise the Coronavirus (COVID-19) crisis and foster responsible and sustainable businesses


Note: Key Updates as of 8:00am Wednesday 29th April 2020