The UK Supreme Court has handed down judgment in the Financial Conduct Authority’s COVID-19 Business Interruption test case, providing much-needed clarity regarding the coverage generally afforded to businesses for their COVID-19 related financial losses.
As 2021 comes into view, what can we expect to be at the top of regulators’ agendas? As well as continuing priorities like sustainability, innovation and consumer protection, we think prudential reform will be a key issue in 2021, along with the reshaping of the UK regulatory landscape beyond Brexit. We’re delighted to share our predictions in our briefing What does 2021 hold?, which explores regulatory hot topics for financial institutions to watch in 2021.
The European market for sub-investment grade corporate credit continues to evolve at pace. This is driven in large part by the ongoing shift towards direct lenders as a growing source of debt financing.
The series of briefings, Finding Balance: The Post-COVID Landscape for Financial Institutions, seeks to map the post-pandemic environment that financial institutions need to navigate as we move from resilience and recovery to the business renewal phase.
Join a weekly discussion by Baker McKenzie regulatory and enforcement practitioners as we navigate this uncertain time and work together through the challenges ahead.
The FAST Blueprint for Mobilizing Finance Against Slavery and Trafficking, launched during the United Nations General Assembly in September 2019, provides a collective action framework for the financial sector to accelerate action to end these crimes.