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 12th June 2020

United Kingdom

FCAOpen access regime for the trading and clearing of exchange-traded derivatives
Lloyds Bank Plc, Bank of Scotland Plc and The Mortgage Business Plc / 11/06/2020 / £64,046,800 / This Final Notice refers to breaches of PRIN 3 and PRIN 6 related to the unfair treatment of customers in the mortgages sector. We imposed a fine.
HMTFigures show UK Government supporting incomes across all nations during coronavirus


JFSCInformation for bank customers 

Republic of Ireland

CBIThe Economic Outlook - Governor Gabriel Makhlouf

European Union

ECNew Commission report shows the importance of digital resilience in times of crisis
ECBPhilip R. Lane: Interview with Il Sole 24 Ore
ESMAESMA Decision- renewal Article 28 SSR reporting threshold
Statement_Access ETDs
ESMA publishes statement on MiFIR open access and COVID-19
ESMA response to EC Consultation on NFRD
Decision Short Selling Reporting Renewal Statement
ESMA renews its Decision requiring net short position holders to report positions of 0.1% and above


DNDStatistical News Release: Dutch investors retrench to their home market during the COVID-19 crisis

United States of America

NYDFSDepartment of Financial Services Announces Remote Online Insurance Licensing Exam Option
SECNew York Regional Office to Host Educational Call for Investors on Avoiding COVID-Related Fraud
SEC Charges Microcap Fraud Scheme Participants Attempting to Capitalize on the COVID-19 Pandemic
FinHub to Host Virtual Meet-Ups


OSFIOSFI updates its FAQs on COVID-19 related regulatory measures


FSAFSA publishes Weekly Review No.395


BSPFDI Posts Lower Net Inflows in February 2020; Reaches US$1.2 Billion in the First Two Months


MAS"The COVID-19 Crisis: Risks and Policy Responses" - Transcript of "The Big Questions" - Central Banker Series Podcast by Mr Ravi Menon, Managing Director, Monetary Authority of Singapore, with Tim Adams, President and CEO, Institute of International Finan

South KoreaJapan

FSCFinancial Policy Tasks for H2 2020
FSC Chairman Highlights the Role of Finance in Post-pandemic Economy


ASIC20-131MR ASIC’s Interim Corporate Plan for 2020-21

New ZealandJapan

RBNZReserve Bank releases thematic review of Appointed Actuary role

Global / InternationalJapan

OECDUN High-level Thematic Debate on the Impact of Rapid Technological Change on the SDGs and Targets

Note: Key Updates as of 8:00am Friday 12th June 2020