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 12th May 2020
Isle of Man
IOMFSA | Regulated Entities and DNFPBs – Covid-19 Money Laundering Risk Assessment for the Isle of Man (Press Release) |
European Union
France
BDF | Survey on the Access to Finance of Enterprises: Small businesses report challenging outlook for their access to external financing due to COVID-19 |
Germany
BaFin | IAIS warnt vor retroaktiver Deckung nicht versicherter Corona-Schäden |
United States of America
CFTC | 85 FR 27674 - 17 CFR Part 23 Margin Requirements for Uncleared Swaps for Swap Dealers and Major Swap Participants |
China
PBC | Deputy Governor Chen Yulu Attends State Council Policy Briefing on “Handling of NPC Deputies’ Suggestions and CPPCC National Committee Members’ Proposals by State Council Agencies in 2019” |
Japan
FSA | FSA publishes GLOPAC Newsletter vol.15 |
IFIAR published IFIAR Chair’s Update on COVID-19 to stakeholders |
South Korea
FSC | Financial Data Exchange Platform Launched |
Australia
APRA | APRA publishes first fund-level data on superannuation early release scheme |
Global / International
ISDA | Benchmark Reform and Transition from LIBOR |
Note: Key Updates as of 8:00am Tuesday 12th May 2020
