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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.

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For further information, please visit the White & Case Coronavirus Resource Center.

Financial institutions operating across countries must make quick sense of the governmental/regulatory response to the COVID-19 pandemic in their home country and the host countries in which operate. Our global FSR team has prepared the following FAQs to provide financial institutions with a cross-border perspective in navigating and taking full advantage of the governmental/regulatory response to the COVID-19 pandemic.

 

1. What are the general expectations of financial institutions?

 

2. What are the lending expectations on FIs and what funding schemes are available?

 

3. What regulatory capital and leverage relief is available?

 

4. When is debt forbearance required?

 

5. What liquidity support schemes are available to support FIs in their own businesses?

 

6. Are there restrictions on capital distributions?

 

7. Do employers have to inform and consult with employees if they want to make redundancies during the COVID-19 pandemic?

 

This publication is provided for your convenience and does not constitute legal advice. This publication is protected by copyright.
© 2020 White & Case LLP

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