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 30th April 2020

United Kingdom

BOEMinutes of the UK Money Markets Code Sub-Committee - February 2020
FCAFurther statement from the RFRWG on the impact of Coronavirus on the timeline for firms’ LIBOR transition plans
TPRPension schemes to issue COVID-19 transfer warning to savers


European Union

ECState aid: Commission approves German “umbrella” scheme to support research, development, testing and production of coronavirus relevant products
State aid: Commission approves €900 million Hungarian schemes to support companies affected by coronavirus outbreak
State aid: Commission approves €5 billion loan guarantee by France to the Renault group to mitigate economic impact of coronavirus outbreak *
ESRBA Review of Macroprudential Policy in the EU in 2019


France

BDFL’impact de la crise du Covid-19 sur la situation financière des ménages et des entreprises : une première photographie à partir des données monétaires et financières à fin mars 2020.


Germany

BaFinEIOPA: Leitfaden für Verbraucher


Spain

BDEAnalytical Articles. Report on the Latin American economy. First half of 2020


Netherlands

DNDDutch pension funds’ financial position deteriorated
LAFMAFM: recommendations for stronger European capital market union


United States of America

CFPBCFPB Paves Way for Consumers Facing Financial Emergencies to Obtain Access to Mortgage Credit More Quickly
FDICGuidance for Resolution Plan Submissions of Certain Foreign-Based Covered Companies; Extension of Comment Period RIN 3064–ZA15 Proposed guidance; extension of comment period Comment Period End: May 5, 2020Extended Comment Period End: June 4, 2020

ChinaJapan

PBCNational Video Conference on Targeted Poverty Alleviation by the Financial Sector Held in Beijing
PBCPractice the Philosophy of “Payment for the People” and Strengthen Payment System Management: PBC Holds 2020 Video Conference on Payment and Settlement


South KoreaJapan

FSCFSC's Response to COVID-19 Pandemic


SingaporeJapan

MASMAS Supports Inaugural Cloud-Based G20 TechSprint


Philippines 

SECPSEC SPOTS MORE GET-RICH-QUICK SCHEMES IN NONSTOP INVESTOR PROTECTION EFFORT


Global / InternationalJapan

BISProgress in adopting the Principles for effective risk data aggregation and risk reporting
Basel Committee issues progress report on banks' implementation of the "Principles for effective risk data aggregation and reporting"
Saudi G20 Presidency and the Bank for International Settlements (BIS) Innovation Hub invite global innovators to find solutions to the most pressing financial regulatory & supervisory challenges


Note: Key Updates as of 8:00am Thursday 30th April 2020