Beyond COVID-19: Financial arrangements

CSSF launches new weekly questionnaire for investment fund managers

The Luxembourg Commission de Surveillance du Secteur Financier has launched a questionnaire applying to investment fund managers established both in Luxembourg and abroad, managing at least one UCITS, AIF and/or any other UCI (not qualifying as an AIF) (the IFMs).

Global | Publication | April 15, 2020

Banking reform updater: Bank Recovery and Resolution Directive II

The EU banking package was adopted on May 20, 2019 by way of two directives (the Capital Requirements Directive V (CRD V) and the Bank Recovery and Resolution Directive II (BRRD II)) and two regulations (the Capital Requirements Regulation II (CRR II) and the Single Resolution Mechanism Regulation II (SRMR II)).

United Kingdom | Publication | April 15, 2020

COVID-19: UK FCA announces measures to assist listed companies in raising new share capital

UK: COVID 19: FCA announces measures to assist listed companies in raising new share capital

On April 8, 2020 the Financial Conduct Authority (FCA) announced a package of measures intended to assist companies to raise new share capital in response to the coronavirus crisis, whilst retaining an appropriate degree of investor protection.

United Kingdom | Publication | April 09, 2020

UK: Bank of England launches Covid Corporate Financing facility

HM Treasury and the Bank of England have provided further operational details and pro forma documentation in relation to the COVID-19 Corporate Financing Facility (CCFF).

United Kingdom | Update | April 07, 2020

Investing into the UK: Issues for Asian investors

The recent measures introduced across Europe to deal with the COVID-19 pandemic have led to volatility in the public equity markets which exceed even that of the global financial crisis in 2008/9

Global | Update | April 06, 2020

UK: COVID-19 guidance note from Infrastructure and Projects Authority on PFI and PF2 projects

In this article, we consider the measures that PFI contractors are being asked to adopt, give our view on the practical steps PFI contractors (and their private sector counterparties) should take in response and consider the legal effect of the IPA Guidance Note and any steps taken by the parties as a consequence of it.

United Kingdom | Publication | April 03, 2020

UK: European Central Bank announces Pandemic Emergency Purchase Programme

In a further response to the COVID-19 (coronavirus) crisis, the European Central Bank (ECB) has launched a €750 billion Pandemic Emergency Purchase Programme (PEPP).

United Kingdom | Update | April 03, 2020

European update

The developing COVID-19 crisis has triggered extreme stock market falls and volatility, dislocation of normal economic and social activity and mounting concern for the health of the global economy.

United Kingdom | Publication | April 02, 2020

FINRA’s guidance to broker-dealers on pandemic preparedness (coronavirus, COVID-19)

In light of mounting concerns about COVID-19, aka the coronavirus, the Financial Industry Regulatory Authority (FINRA) recently published FINRA Regulatory Notice 20-08 – Pandemic-Related Business Continuity Planning, Guidance and Regulatory Relief.