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 20th May 2020

United Kingdom

BOEUpdate to the Covid Corporate Financing Facility
Joint HM Treasury and Bank of England Covid Corporate Financing Facility (CCFF) – Consolidated Market Notice 19 May 2020
HMTCoronavirus Statutory Sick Pay Rebate Scheme set to launch
Larger businesses to benefit from loans of up to £200 million
UK FinanceOver £22 Billion Provided to Half a Million Businesses Through Covid-19 Lending Schemes
UK Finance Responds to Coronavirus Large Business Interruption Loan Scheme (CLBILS) Changes


European Union

ECCoronavirus: Commission boosts urgently needed research and innovation with additional €122 million
Speech by President von der Leyen at the World Health Organization's 73rd Assembly
ECBPhilip R. Lane: Pandemic central banking: the monetary stance, market stabilisation and liquidity
Survey on credit terms and conditions in euro-denominated securities financing and OTC derivatives markets (SESFOD) – March 2020
EIOPAChange of Extraordinary RFR/EDA productions from weekly frequency to every two weeks
EUPARLThe economy and coronavirus - Weekly Picks 19/05/2020
The ESM Pandemic Crisis Support


France

AMFCovid-19: The AMF informs shareholders and listed companies of the exceptional measures taken for the organisation of shareholders’ meetings Update of the news release of 25 March 2020
BDFResults of the March 2020 survey on credit terms and conditions in euro-denominated securities financing and over-the-counter derivatives markets (SESFOD)


Germany

BaFinEIOPA stellt wichtige Zinsinformationen auf zweiwöchentlichen Rhythmus um


Italy

MISEPremio europeo per la promozione d'impresa (EEPA 2020)


Spain

BDEResearch Update. Spring 2020


Netherlands

LAFMAFM: recommendations for the review of MiFID II


United States of America

CFPBCFPB to Provide Additional Extension of Comment Period for Supplemental Notice of Proposed Rulemaking on Time Barred Debt
Media Advisory: CFPB Releases Video on Consumers Receiving Stimulus Payment on Prepaid Debit Card
CFTCIntroductory Statement of Commissioner Dawn Stump before the Global Markets Advisory Committee Meeting
CFTC 2020-2024 Strategic Plan
DOJTexas Man Charged with $5 Million COVID-Relief Fraud
DOTReadout from a Treasury Spokesperson on Secretary Mnuchin’s Call with G7 Finance Ministers
FDICRegulatory Capital Rule: Revised Transition of the Current Expected Credit Losses Methodology for Allowances; Correction 12 CFR Part 324 RIN 3064–AF46 Correcting amendment Effective Date: May 19, 2020 Applicability date: March 31, 2020
FRBCoronavirus and CARES Act


JapanJapan

FSAFSA updated Information on COVID-19 (Novel Coronavirus)


SingaporeJapan

MASSafe Re-Opening of More Customer Services in the Financial Sector


South KoreaJapan

FSC4th Financial Risk Assessment Meeting


AustraliaJapan

APRAAPRA releases quarterly private health insurance statistics for March 2020
APRA publishes frequently asked question on market risk capital requirements in response to COVID-19
ASICMarket Integrity Update - Issue 115 - May 2020


Note: Key Updates as of 8:00am Wednesday 20th May 2020