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.

Please note - the next Bulletin will be released on Tuesday 26th May.


Friday 22nd May 2020

United Kingdom

CMACMA coronavirus taskforce update: 21 May 2020
Update on CMA COVID-19 Taskforce
HMTGovernment to give VAT from donated PPE to healthcare charities


Isle of Man

IOMFSAUpdate on the FSA’s work during the next phase of Covid-19 response (Press Release)


European Union

ECState aid: Commission approves €9 billion Italian “umbrella” scheme to support economy in coronavirus outbreak


Spain

BDEWorking Papers. 2012. External imbalances and recoveries


United States of America

CFPBConsumer Financial Protection Bureau Issues Consumer Complaint Bulletin
CFTCCFTC to Hold an Open Commission Meeting on May 28
DOLU.S. Department of Labor Announces Rule to Better Deliver Retirement Plan Information Options, While Saving Billions of Dollars for Plans
DOTBrian P. Brooks to Become Acting Comptroller of the Currency
Remarks by Assistant Secretary Patel at the Exchequer Club
FERCWaiver of Tariff Requirements and Petitions or Complaints for Remedial Relief
FRBIntroductory Remarks for the Fed Listens panel on the COVID-19 pandemic
U.S. Economic Outlook and Monetary Policy
OCCComptroller of the Currency Joseph Otting to Step Down, Brian P. Brooks to Become Acting Comptroller of the Currency on May 29, 2020
SECMeeting of the Investor Advisory Committee
SEC Issues Agenda for May 27 Meeting of the Asset Management Advisory Committee
Remarks at Meeting of the SEC Investor Advisory Committee
Statement on Financial Disclosures About Acquired and Disposed Businesses


CanadaJapan

OSFIParliamentary Committee Appearance
OSFI updates its FAQs on COVID-19 related regulatory measures


IndiaJapan

SEBIReview of Post-Default Curing Period for CRAs


JapanJapan

FSAFSA publishes Weekly Review No.392


PhilippinesJapan

SECPSEC REITERATES MANDATORY GRACE PERIOD FOR ALL LOANS, WARNS ERRING LENDERS OF LEGAL CONSEQUENCES


AustraliaJapan

APRAAPRA Chair Wayne Byres - Opening remarks to FINSIA webinar ‘The Regulators: priorities update’
ASICFINSIA: The regulators - Priorities updated


Note: Key Updates as of 8:00am Friday 22nd May 2020