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.
What you need to think about as an employer
The European Commission published an updated list of high risk third countries in respect of AML/CTF due diligence.
This updated guide from Baker McKenzie provides an overview and comparison of the regulatory sandbox regimes, covering 18 jurisdictions across Asia Pacific, EMEA, and the Americas.
Baker McKenzie released a guide which summarizes government intervention schemes in response to COVID-19. Specific focus areas are (1) Debt, (2) Foreign Investment Restrictions, (3) Taxation and; (4) EU State Aid Approvals (where applicable)
Belgian government agencies directly responsible for Belgian FIs and the European Central Bank announced a series of measures to ensure that financial institutions under their direct supervision continue to finance the real economy to mitigate the economic effects of COVID-19.