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.

Friday 29th May 2020

United Kingdom

BOECovid-19 and monetary policy - speech by Michael Saunders
HMTSupporting vital service provision in PFI/PF2 contracts during the COVID-19 emergency
SFOMichelle Crotty appointed Chief Capability Officer as John Carroll becomes permanent Chief Operating Officer


European Union

ECSpeech by President von der Leyen at the UN High-Level Event on Financing for Development in the Era of COVID-19 and Beyond
Commission proposes a public loan facility to support green investments together with the European Investment Bank
Coronavirus Global Response: kick off of new campaign with support of Global Citizen
State aid: Commission approves €600 million Finnish guarantee scheme to support maritime companies affected by the coronavirus outbreak
Remarks by Executive Vice-President Dombrovskis at the press conference on the Recovery and Resilience Facility
ESMASummary of Conclusions Board of Supervisors conference call- 29 April 2020
EUPARLThe SURE: Main Features


France

BDFPresentation of the 2019 annual report of the Autorité de contrôle prudentiel et de résolution (ACPR) - Paris- 28 May 2020


Italy

MISEPiano Transizione 4.0: Patuanelli firma il decreto attuativo


Netherlands

DNDDNBulletin: DNB roept op tot groen herstel uit de coronacrisis


Spain

BDEFinancial Stability Review. Spring 2020


United States of America

CFTCOpening Statement of Chairman Heath P. Tarbert Regarding the CFTC’s Further Response to the Coronavirus Pandemic
Statement of Commissioner Dawn D. Stump Regarding Extending the Compliance Schedule for Initial Margin Requirements for Uncleared Swaps in Response to the COVID-19 Pandemic
CFTC to Hold an Open Commission Meeting on June 4
Statement of Support by Commissioner Brian Quintenz Regarding the Exemption from Registration for Certain Foreign Persons Acting as Commodity Pool Operators of Offshore Commodity Pools – Notice of Proposed Rulemaking
Statement of Support by Commissioner Brian Quintenz Regarding Amendments to Regulation 23.161 - Extending the Compliance Schedule for Initial Margin Requirements for Uncleared Swaps in Response to the COVID-19 Pandemic
Statement of Chairman Heath P. Tarbert in Support of Extending the Phase 5 Initial Margin Compliance Deadline
Statement of CFTC Commissioner Rostin Behnam Regarding Interim Final Rule with Request for Comment on Margin Requirements for Uncleared Swaps for Swap Dealers and Major Swap Participants
CFTC Unanimously Approves an Interim Final Rule and a Proposed Rule at May 28 Open Meeting
DOTSmall Business Administration and Treasury Department Announce $10 Billion for CDFIs to Participate in the Paycheck Protection Program


JapanJapan

FSAFSA publishes Weekly Review No.393


PhilippinesJapan

BSPBSP-registered foreign portfolio investments yield net outflows in April


South KoreaJapan

FSCFSC Designates 4 More Financial Solutions as 'Innovative Financial Services'


AustraliaJapan

APRAAPRA releases life insurance statistics for March 2020
APRA releases general insurance statistics for March 2020
APRA publishes Chair Wayne Byres’ opening statement to Senate Select Committee on COVID-19
ASICSelect Committee on COVID-19 – Opening statement


New ZealandJapan

FMAFMA warns financial adviser for advice to clients about COVID-19


Global / InternationalJapan

BISCountering Covid-19: The nature of central banks' policy response
ICMAThe European investment grade corporate bond secondary market & the COVID-19 crisis
ICMA issues report on performance of the European investment grade corporate bond markets during the COVID-19 crisis
IOSCOIOSCO consults on outsourcing principles to ensure operational resilience
OECDHigh-Level Event on Financing for Development in the Era of COVID-19 and Beyond
Conferencia Magistral Conmemorativa de Jesus Silva Herzog


Note: Key Updates as of 8:00am Friday 29th May 2020