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 28th May 2020

United Kingdom

FCAPrimary Market Bulletin Issue No. 28 coronavirus (Covid-19) update
Market Watch issue 63: market conduct and discipline in context of coronavirus
FSCSGuide published to reassure pensions savers
UK FinanceLenders provide 650,000 businesses with £27.5 billion in finance through Covid-19 lending schemes


Republic of Ireland

CBICentral Bank publishes Annual Report & Annual Performance Statement 2019
Annual Report 2019 and Annual Performance Statement 2019-2020


European Union

EBAEBA issues Opinion on measures to address macroprudential risk following notification by French High Council for Financial Stability (HSCF)
ECSpeech by President von der Leyen at the European Parliament Plenary on the EU Recovery package
ECBIsabel Schnabel: Interview with Perspektiven der Wirtschaftspolitik
EFAMAEFAMA Market Insights UCITS remained resilient in March 
ESMAESMA Newsletter - Nº14
EUPARLEconomic Dialogue with the European Commission on the 2020 Country Specific Recommendations


France

BDFLa pandémie accroît les risques pour la stabilité financière


Germany

BaFinFSB: Politiker und Regulierer beraten mit Industrie über finanzpolitische Maßnahmen


Italy

AGIDDecreto Rilancio: tutti i bonus e le indennità accessibili con SPID
BDICredito e liquidità per famiglie e imprese: 2,4 mln domande per moratoria sui prestiti e circa 400.000 richieste al Fondo Garanzia per PMI
MISECredito e liquidità per famiglie e imprese: 395.039 le richieste al Fondo Centrale di Garanzia


United States of America

CFTCAgency Information Collection Activities Under OMB Review
DOLFinal Rule- Default Electronic Disclosure by Employee Pension Benefit Plans Under ERISA
FRBCA 20-10 Community Reinvestment Act (CRA) Consideration for Activities in Response to the Coronavirus
MSRBSR-MSRB-2020-03 (May 27, 2020) New Proposed Rule Change to Waive MSRB Market Activity Fees Related to Transactions with the Municipal Liquidity Facility Established by the Board of Governors of the Federal Reserve System
NYDFSExamination Report - Jefferson Insurance Company
SECOpening Remarks at the May 27, 2020 Meeting of the Asset Management Advisory Committee


JapanJapan

FSAFSA updated Information on COVID-19 (Novel Coronavirus)
Statement by Minister for Financial Services, Amendment to the “Act on Special Measures for Strengthening Financial Functions”


PhilippinesJapan

BSPFDI Net Inflows at US$657 Million in January 2020, Higher than Last Year


AustraliaJapan

APRAAPRA Chair Wayne Byres - Remarks to the Board of the International Banking Federation


New ZealandJapan

RBNZFinancial system will benefit supporting economic recovery


Note: Key Updates as of 8:00am Thursday 28th May 2020