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 17th June 2020

United Kingdom

FCAA financial system to support the recovery
The FCA’s and PSR’s joint approach to Access to Cash
HMTNational Infrastructure and Construction Procurement Pipeline 2020/21
Jonathan Hall appointed to the Financial Policy Committee
LSELondon Stock Exchange celebrates AIM’s 25th anniversary
TPRMeasures extended to help pension schemes tackle COVID-19 challenges
UK Finance£38 billion provided to 910,000 businesses by lenders through Covid-19 loan schemes


Republic of Ireland

CBIRemarks by Governor Gabriel Makhlouf on the publication of the Financial Stability Review 2020:1
Impact of COVID-19 pandemic on real economy has yet to fully materialise – Central Bank of Ireland


European Union

ECAntitrust: Commission opens investigation into Apple practices regarding Apple Pay
ECBFabio Panetta: Interview with Le Monde


Spain

BDEThe Banco de España makes two sets of amendments to Circular 4/2017 to credit institutions on financial reporting rules


United States of America

DOJIllinois Business Owner Charged with COVID-Relief Fraud
DOTStatement from Secretary Steven T. Mnuchin on Main Street Programs to Support Lending to Nonprofit Organizations
FDICRemarks by FDIC Chairman Jelena McWilliams and Director of the Division of Insurance and Research Diane Ellis on the First Quarter 2020 Quarterly Banking Profile
FRBU.S. Economic Outlook and Monetary Policy (via prerecorded video)
Semiannual Monetary Policy Report to the Congress
SECOpening Remarks at 2020 Municipal Securities Disclosure Conference
Opening Remarks at Spotlight on Transparency: A Discussion of Secondary Market Municipal Securities Disclosure Practices
Remarks at the 2020 Municipal Securities Disclosure Conference
Introductory Remarks: Municipal Securities Disclosure Conference


JapanJapan

BOJStatement on Monetary Policy [PDF 226KB]
(Reference) BOJ's Measures in Response to COVID-19 [PDF 199KB]


PhilippinesJapan

PDICMessage of President Roberto Tan for the 18th Depositor Protection and Awareness Week


South KoreaJapan

FSCPlans to Promote Crowdfunding
Vice Chairman Underscores Support for Real Economy Sectors


AustraliaJapan

ACCCEasier comparisons now available for foreign currency conversions


Global / InternationalJapan

OECDCities in the World Webinar


Note: Key Updates as of 8:00am Wednesday 17th June 2020