Coronavirus (COVID-19) Financial Regulatory and Legislative Dashboard

In response to the global COVID-19 crisis and its severe effects on national and global economies, central banks and other financial services regulatory agencies, along with governments and legislatures, are taking important actions that affect financial institutions, other financial services providers and the global economy.

Our global Financial Services Regulatory practice is providing this dashboard as a resource to help clients and affected institutions, companies, governments, other entities and individuals around the world navigate the complexities of the crisis and the policy response. The team will provide periodic updates and insights as the crisis and the response develop. 

KEY COVID-19 FAQS FOR FINANCIAL INSTITUTIONS

Alert 22 December 2020 Key COVID-19 FAQs for financial institutions: A Cross-border view Our global team has prepared the following FAQs to provide financial institutions with a cross-border perspective in navigating the governmental/regulatory response to the COVID-19 pandemic. ›

LIQUIDITY FACILITIES AND INVESTMENT PROGRAMS

Alert 14 August 2020 US liquidity facilities The following is a summary of the liquidity facilities that the FRB has recently made available, with the approval of the US Treasury Secretary, as is now required under the Dodd-Frank Act. ›

Alert 27 March 2020 US investment programs Title IV of the Coronavirus Aid, Relief, and Economic Security (CARES) Act sets forth $500 billion of funding for certain industries that have been severely impacted by COVID-19. These industries are entitled to direct loans and loan guarantees from the US Treasury amounting to $46 billion. ›

Alert 31 March 2020 EU liquidity facilities / monetary policy The following is a summary of the liquidity facilities that the FRB has recently made available, with the approval of the US Treasury Secretary, as is now required under the Dodd-Frank Act. ›

Alert 02 April 2020 UK liquidity facilities / monetary policy In the following tracker table, we set out an overview of liquidity and monetary policy measures announced by the UK government and regulatory authorities in the context of the on-going COVID-19 crisis. ›

REGULATORY AND LEGISLATIVE RESPONSE

Alert 22 Sept 2020 US federal regulatory In response to the global COVID-19 crisis, financial regulators at the federal and state levels are taking important actions that affect US and non-US financial institutions, other financial services providers, consumers, and the US and global economy. In addition, federal, state and local governments are taking other public health focused actions in response to the crisis with important implications for the financial services sector. ›

Alert 22 Sept 2020 US state/local US financial regulators at the state level are taking important actions that affect US and non-US financial institutions, financial services providers, consumers, and the global economy. State and local governments are also taking other public health focused actions in response to the crisis. ›

Alert 05 June 2020 US Congress The United States Congress has passed, and continues to consider, legislative measures that, in addition to addressing the public health crisis, include massive fiscal stimulus proposals not seen since the 2008 global financial crisis. ›

MULTILATERAL MEASURES

Alert 11 May 2020 Multilateral actions The Federal Reserve Board (FRB) and the central banks of other jurisdictions are authorized to take certain open market actions to stabilize their respective currencies. ›