Beyond COVID-19: Global economy and state aid

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

Ontario revisits decision to allow all construction sites to remain open

Ontario has significantly reduced the list of essential businesses that can remain open in light of the COVID-19 pandemic, causing many construction employers to close their workplaces.

Canada | Publication | April 08, 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

Singapore introduces COVID-19 (Temporary Measures) Act 2020

Singapore: COVID-19 (Temporary Measures) Act 2020 introduced

The Singapore government has introduced the COVID-19 (Temporary Measures) Act 2020 (the COVID-19 Act) with the objective of:

Singapore | Publication | April 07, 2020

$Mexico: COVID-19 Update: Further clarification on the scope of <br \>‘Essential activities’$

Mexico: COVID-19 Update: Further clarification on the scope of ‘Essential activities’

As part of the continued efforts of the Mexican government to address and mitigate the impact of the COVID-19 outbreak, and further to resolutions relevant to the subject matter that have been issued just recently (particularly the resolution issued on March 31, 2020), on April 6, the Mexican Ministry of Health issued a new resolution seeking to elaborate and provide further clarification on the scope of “essential activities” that are allowed and encouraged to continue during the ongoing pandemic.

Global | Publication | April 07, 2020

$Government’s Procurement Policy Note 02/20: <br \>Supplier relief due to COVID-19$

UK: Government’s Procurement Policy Note 02/20: COVID-19 supplier relief

The pace of change has never felt as fast. We have considered some of the legal implications, outlined key considerations for UK boards, looked at force majeure and frustration under English law and some of the key issues for the construction sector and issues concerning construction sites.

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

US: Guide to federal and state COVID-19 era legislative proposals on commercial insurance coverage

US: State guide to COVID-19 proposals on insurance coverage

Summary: Creates a Business Compensation Fund (the “Compensation Fund”) for the purpose of expediting certain property insurance claims for losses sustained as a result of the COVID-19 pandemic and emergency declaration.

Global | Publication | April 03, 2020

What South African tax relief measures are available amidst COVID-19 pandemic?

South Africa: Tax relief measures available amidst COVID-19 outbreak

Exceptional tax measures have recently been announced as part of the fiscal package that was presented by the President in his recent speech on the Escalation of Measures to Combat COVID-19.

South Africa | Update | April 03, 2020