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 27th May 2020

United Kingdom

HMTCoronavirus sick pay scheme opens for applications
UK FinanceMortgages and coronavirus - updated draft guidance for firms

European Union

ECState aid: Commission approves Lithuanian fund to enable up to €1 billion of liquidity and capital support to medium-sized and large enterprises affected by the coronavirus outbreak
ECBPotential impact of government loan guarantee schemes on bank losses
Macroeconomic impact of financial policy measures and synergies with other policy responses
Financial Stability Review, May 2020
Derivatives-related liquidity risk facing investment funds
Financial stability implications of private equity
Trends in residential real estate lending standards and implications for financial stability


BDFSociété d’économie politique - 25 May 2020 - Monetary policy in the face of the Covid crisis
Pandemic increases risks to financial stability


BDEOccasional Papers. 2014. Thoughts on the design of a European Recovery Fund

United States of America

MSRBMSRB Provides Resources for Municipal Bond Investors about Potential Effects of COVID-19
OCCDirector, Shareholder, and Member Meetings

Hong KongJapan

HKMAStrong Bedrock Against Challenges


MASReply to Parliamentary Question on debt relief measures

South KoreaJapan

FSCVice Chairman Calls for Close Cooperation between Businesses, Creditors and Lending Institutions

New ZealandJapan

RBNZFinancial Stability Report for May 2020

Global / InternationalJapan

BISFinancial policymakers discuss responses to COVID-19 with the private sector
IOSCOFinancial policymakers discuss responses to COVID-19 with the private sector
OECDEarly restoration planning by tax administrations key to support individual and business taxpayers towards economic recovery from COVID-19 pandemic
GDP Growth - First quarter of 2020, OECD

Note: Key Updates as of 8:00am Wednesday 27th May 2020