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 21st May 2020

United Kingdom

HMTFuture Fund launches today
Government unlocks £150 million from dormant accounts for coronavirus response


Jersey

JFSCRelaxation of lockdown requirements for financial services


European Union

ECReinforcing Europe's resilience: halting biodiversity loss and building a healthy and sustainable food system
Remarks by Executive Vice-President Dombrovskis at the press conference on the European Semester Spring Package
Coronavirus global response: EU allocates additional €50 million in humanitarian aid
ECBOpinion on amendments to the Union prudential framework in response to the COVID-19 pandemic (CON/2020/16), 20.5.2020.
ESMAESMA calls for transparency on COVID-19 effects in half-yearly financial reports
Implications of the COVID-19 outbreak on the half-yearly financial reports
EUPARLEU budgetary and financial response to the coronavirus crisis
SRBSRB publishes MREL Policy under the Banking Package


France

AMFPublication du rapport financier semestriel dans le contexte Covid-19 : l'AMF présente quelques principes à respecter
A l'approche de l'échéance décisive des comptes semestriels, l'AMF souligne quelques principes à respecter
As the decisive moment of the half-year accounts approaches, the AMF underlines some principles to respect
BDFEuro area monthly balance of payments: March 2020
ECB launches public consultation on its guide on climate-related and environmental risks
La BCE lance une consultation publique relative à un guide sur les risques liés au climat et à l’environnement
Balance des paiements mensuelle de la zone euro : mars 2020


Italy

BDICredito e liquidità per famiglie e imprese: 2,3 mln domande per moratoria sui prestiti e più di 280.000 richieste al Fondo Garanzia per PMI
La BCE avvia una consultazione pubblica in merito alla sua guida sui rischi climatici e ambientali
ECB launches public consultation on its guide on climate-related and environmental risks
Prestiti bancari a garanzia delle operazioni di finanziamento con l'Eurosistema
MISEDecreto Rilancio: le principali misure per le imprese
Credito e liquidità per famiglie e imprese: 2,3 milioni di domande per la moratoria sui prestiti e oltre 280.000 richieste al Fondo di Garanzia per le PMI


Belgium

BNBPress release - Consumer confidence indicator (2020-05)
Communiqué de presse - Indicateur de confiance des consommateurs (2020-05)

United States of America

DOLFinal Rule- Rules Concerning Discretionary Review by the Secretary
FDICAssessments, Mitigating the Deposit Insurance Assessment Effect of Participation in the Paycheck Protection Program (PPP), the PPP Lending Facility, and the Money Market Mutual Fund Liquidity Facility 12 CFR Parts 327 RIN 3064–AF53 Notice of proposed rule
Statement by FDIC Chairman Jelena McWilliams on the CRA Joint Proposed Rulemaking
Assessments, Mitigating the Deposit Insurance Assessment Effect of Participation in the Paycheck Protection Program (PPP), the PPP Lending Facility, and the Money Market Mutual Fund Liquidity Facility 12 CFR Parts 327 RIN 3064–AF53 Notice of proposed rule
FRBInteragency Lending Principles for Making Responsible Small-Dollar Loans
Federal agencies share principles for offering responsible small-dollar loans
OCCFederal Agencies Share Principles for Offering Responsible Small-Dollar Loans
Small-Dollar Lending


Hong KongJapan

HKMAEdmond Lau: In Adversity We Grow


IndiaJapan

SEBIAdvisory on disclosure of material impact of COVID-19 pandemic on listed entities under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015


South KoreaJapan

FSCGovernment Unveils Plans to Create SPV to Support Corporate Bond and CP Markets
Plans to Create Key Industry Stabilization Fund


ThailandJapan

BOTMonetary Policy Committee’s Decision 3/2020
SEC-THก.ล.ต. แจ้งผลการประชุมคณะกรรมการ ก.ต.ท. ผ่อนคลายเกณฑ์กองทุนและทรัสต์ฯ ให้สอดคล้องกัน ตามโครงการ Regulatory Guillotine


Note: Key Updates as of 8:00am Thursday 21st May 2020