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Coronavirus - FCA issues draft temporary guidance for firms on motor finance agreements and coronavirus – UK

  On Friday 17 April 2020, the FCA issued a draft guidance for consultation on temporary forbearance measures to assist motor finance customers facing financial difficulty because of COVID-19. The consultation will close at 5 pm on Monday 20 Ap...




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ESMA consults on implementing technical standards to facilitate cross-border distribution of funds

Our client briefing, “The final AIFMD cross-border fund distribution package: mapping the changes” published on 22 July 2019, provided a summary of the main changes introduced by Regulation (EU) 2019/1156 on facilitating cross-border d...




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Coronavirus - FCA issues further draft Covid-19 guidance for Buy-Now Pay-Later and other high cost products - UK

On Friday 17 April the FCA issued draft guidance on Buy-now pay-later (BNPL), rent-to-own (RTO) and pawnbroking. It proposes temporary financial relief for customers impacted by coronavirus and is intended to complement measures finalised on 9 April...




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Coronavirus – ‘Dear CEO’ letter on SME business interruption insurance - UK

After previously setting out its expectations of general insurance firms in relation to their treatment of consumers during the coronavirus (Covid-19) pandemic, on 15 April 2020 the UK Financial Regulator, the Financial Conduct Authority (FCA), ...




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Coronavirus - Overview of measures in the financial sector by Dutch Regulators due to the Corona pandemic

DNB (the Dutch Central Bank) Banks: Micro prudential, less significant institutions (LSIs) - Banks can use their capital and liquidity buffer. Therefore, banks will be allowed to temporarily operate below the level of capital as defined by t...




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Coronavirus - Overview of governmental economic support – Global

Please note that further information is expected and we will update this note when this is available. Set out below is a summary of measures that have been announced by governments in various jurisdictions in response to the COVID-19 outbreak. ...




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Coronavirus - Changes to Directors’ Duties during the COVID-19 Crisis - Global

Please note, we will continue to update this note as and when further measures are announced. Summarises of the current position on directors' duties across some key jurisdictions noting any significant changes that have been announced by government...




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Coronavirus - Financial Services in a post COVID world - Video series

  We are producing a series of videos in which some of our leading practices discuss the principal issues and opportunities in financial services as the COVID crisis abates, and we start moving into a new form of business as usual. Some of thes...




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Coronavirus - Financial Services COVID-19 Sector Focus

In this period of market uncertainty, financial services firms globally are facing a number of challenges and questions. We have created a selection of recent articles, webinars, podcasts and short videos published by Eversheds Sutherland to he...




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Coronavirus - Webinar – Financial services post-COVID19: Trends in disputes and enforcement - UK

Listen as our panel answer some of the most common questions on post-COVID19 litigation trends - this was presented in conjunction with Ankura. A recording of the session can be listened to here. In this session we explored: a review of the economi...




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Coronavirus - Executive pay and rewards - UK

Coronavirus and executive pay: the issues The COVID-19 pandemic has prompted an economic crisis that has far surpassed that of the financial crash in 2008. The implications for executive pay against the backdrop of furloughed staff, lay-offs, staff...




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360,000 wheat bags recovered from godowns

HAFIZABAD: The district administration and the PASSCO officers along with Special Branch police on Friday recovered 360,000 wheat bags from various godowns.The teams recovered the wheat bags from the areas of Kassoke, Vanike Tarar, Kaleke, Sukheke and Jalalpur Bhattian and sealed the...




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LPGIAP demands bailout package in budget

MULTAN: The LPG Industries Association Pakistan has demanded a bailout package in the budget 2020-2021 so that the industry could survive in the most effective way.Talking to journalists here on Friday, LPGIAP chairman Irfan Khokhar said that the budget proposals had been dispatched to Prime...




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Face masks make a political statement in era of virus

WASHINGTON: The decision to wear a mask in public is becoming a political statement — a moment to pick sides in a brewing culture war over containing the coronavirus, foreign media reported.While not yet as loaded as a “Make America Great Again” hat, the mask is increasingly a...




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One billion people will live in insufferable heat within 50 years

LONDON: The human cost of the climate crisis will hit harder, wider and sooner than previously believed, according to a study that shows a billion people will either be displaced or forced to endure insufferable heat for every additional 1C rise in the global temperature. In a worst-case scenario...




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Three cops among 4 test corona positive

TOBA TEK SINGH: Four more persons, including three policemen, tested corona positive here on Friday.Health Department Deputy District Officer and Focal Person for DHQ Hospital Dr Kashif Bajwa told that three policemen were deputed outside the DHQ Hospital’s isolation ward.Their swabs were...




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'Faisalabad GDP to go up despite lockdown'

FAISALABAD: Despite the lockdown, the GDP of Faisalabad is expected to grow from 1.3 to 2.2 per cent. This was said by National Assembly Standing Committee on Finance, Revenue and Economic Affairs Chairman Faizullah Kamoka. He was addressing a virtual discussion on Local Economic Development of...




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NTU's role in boosting country's economy lauded

FAISALABAD: Federal Secretary for Education and Professional Training Dr Sajid Yoosufani on Friday visited the National Textile University here. NTU Rector Prof Dr Tanveer Hussain gave briefing to him about the institution. The secretary also visited various departments of the varsity and showed...




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World has seen RSS agenda of Modi govt in IOK: Governor Sarwar

NANKANA SAHIB: Punjab Governor Chudhary Muhammad Sarwar has said that the world has seen the RSS agenda of Modi government and its atrocities on innocent Kashmiris in the Indian Occupied Kashmir.He said this during his visit to the Gurdwara Janamasthan where he distributed ration bags among the...




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Agri scientists asked to come up with viable solutions to fight locust attack

FAISALABAD: Punjab Higher Education Department Secretary Zulfiqar Ahmad Ghumman has said that agriculture scientists should come up with the viable solutions to fight locust attack that is playing havoc with the food security of the country.He said this while visiting Faisalabad on the directions...




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Food packages distributed among 100 families

TAKHTBHAI: Food packages were distributed among 100 deserving families at the Government Girls Degree College here on Friday while ensuring social distancing.Additional Deputy Commissioner Mardan Nek Mohammad Khan was the chief guest. The people receiving the food showed discipline and did not...




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KP police arrest over 10,000 drug peddlers in four months

PESHAWAR: On the directives of Inspector General of Police Sanaullah Abbasi, Khyber Pakhtunkhwa Police have intensified actions against drug peddlers and arrested 10,741 in the last four months.Besides, the force has eradicated poppy crop on 104 acres, says a press release. During the special...




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Isolation ward handed over to Drosh hospital

CHITRAL: An isolation ward set up by Aga Khan Health Service at Tehsil Headquarters Hospital in Drosh, was handed over to the Health Department on Friday.District Health Officer Dr Shahzada Haiderul Mulk was chief guest at the ceremony in which AKHS representative Anwar Baig, Additional Assistant...




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Two die, three injured in Kohistan road accident

MANSEHRA: Two persons were killed and three others sustained injuries when a pickup vehicle plunged into a ravine in Shahshi Gigal area of Lower Kohistan on Friday.The vehicle was on way to Kokai from Gijal when it met to accident while negotiating a sharp turn.The local rushed to scene and...




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PPP, medical bodies demand end to privatisation of healthcare facilities

PESHAWAR: The Pakistan People’s Party and the representatives of medical organisations of Khyber Pakhtunkhwa have demanded an end to the privatisation of healthcare facilities in the province and provision of automated coronavirus testing machines to medical staff. The demand was made...




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Bacha Khan Medical College launches online classes

PESHAWAR: The Bacha Khan Medical College in Mardan has launched online classes for its students in order to enable them to pursue their studies without any hindrance.It was the first medical college that took the initiative after the government closed all educational institutions in the country...




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Survey says Swat valley to witness food crisis

PESHAWAR: The Covid-19 and climate change-related calamities are likely to disrupt fruit production and supply chains, leading to a food crisis in the Swat Valley in the near future, says a survey findings.Apart from Covid-19 pandemic, erratic rains and frequent hailstorms during the month of...




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11 Peshawar journalists infected by coronavirus

PESHAWAR: Eleven journalists working with different media organisations in the provincial capital of Khyber Pakhtunkhwa after testing positive for the coronavirus are undergoing treatment.They have been quarantined at their homes. All are members of the Peshawar Press Club. They are working for...




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Coronavirus cases reach 208 in Mardan

MARDAN: The number of coronavirus positive cases reached 208 in Mardan district while the test reports of 684 people came back negative, health sources said.So far, 11 people have died of coronavirus in the district. The sources added that 1,149 tests were conducted in the district so far while...




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CM Mahmood Khan wants ground breaking of Rashakai Economic Zone soon

PESHAWAR: CM Mahmood Khan has directed the officials concerned to finalise all arrangements for a formal groundbreaking of Rashakai Economic Zone.He was chairing a meeting held here on Friday to review progress on Rashakai and Hattar Economic Zones projects, said an official handout. Besides...




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Cops censured, asked to reimburse BISP stipends

PESHAWAR: A number of policemen were censured while a few cops were directed to reimburse the amount they had collected from the Benazir Income Support Programme. Inquiry is being conducted in all the districts against the cops who were beneficiaries of the BISP programme, meant for only the...




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Eight alleged hired assassins arrested

SWABI: The police on Friday claimed to have arrested eight alleged hired assassins in the district.Addressing a press conference here on Friday, District Police Officer Imran Shahid said that on March 17, Muhammad Iqbal, brother of a known lawyer Mustafa Kamal, was killed and his nephew Munawar...




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Guard shot dead

PESHAWAR: Street criminals shot dead guard of a filling station during a robbery in Chamkani on Friday. An official said two unknown people came to Mir CNG, Nasir Pur in a car and made an attempt to snatch the cash from filler. On resistance, the official said, they shot watchman Hazrat Hussain...




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KP Assembly speaker inspects corona arrangements

PESHAWAR: Speaker Provincial Assembly Mushtaq Ahmed Ghani visited Khyber Teaching Hospital to take of situation with regard to coronavirus on Friday.He was received by Medical Director Prof Dr Aamir Azhar and the hospital’s media manager. The speaker was briefed by medical director on the...




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JUI-F leader for proper burial of corona victims

MANSEHRA: The Jamiat Ulema-i-Islam-Fazl leader Mufti Kifayatullah, who received a warm welcome by his party workers on his release, has reiterated his earlier stance of a ‘respectable’ burial of patients died of Covid-19.“I am not afraid of jails and would never allow police and...




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Equipment delivered to set up corona lab in Lower Dir

TIMERGARA: Equipment has been delivered to set up a coronavirus testing laboratory in Lower Dir district, officials said.“We have received PCR machine and its safety units and a team of the KMU would reach soon to set up Dir Public Health Laboratory at DHQ Hospital Timergara. They would also...




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Tiger Force made operational in Nowshera

NOWSHERA: The Prime Minister’s Corona Relief Tiger Force was made operational in the Nowshera district on Friday like other parts of the country.A total of 6,670 members of the force have been registered in the district who would work under the administration and other government...




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Teachers express solidarity as protest for release of Mir Shakil-ur-Rahman continues

PESHAWAR: The media workers of the Jang Group on Friday continued the protest against the arrest of their Editor-in- chief Mir Shakil-ur-Rahman as representatives of the teachers organization visited the camp to express solidarity with journalists.Carrying banners and placards inscribed with...




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KP to relax lockdown in 2nd phase

PESHAWAR: Adviser to Chief Minister on Information and Public Relations Ajmal Wazir has stated that the Khyber Pakhtunkhwa government has taken several decisions relaxing the ongoing lockdown in the province.According to an official handout, he was talking to the media and said the steps had been...




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News24.co.ke | Kenya Airways pilots' union withdraws strike notice

The KALPA pilots union at Kenya Airways on Thursday withdrew a strike notice issued last month, saying there had been progress on issues it had raised regarding the carrier's turnaround strategy.




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News24.co.ke | UPDATE: Police beat Kenyan anti-graft protesters, fire tear gas - witness

Police beat anti-corruption protesters with batons and fired volleys of tear gas to disperse them in Kenya's capital on Thursday, Reuters witnesses said.




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News24.co.ke | Kenya accuses UN of bowing to pressure in South Sudan probe

Kenya has accused the UN of bowing to pressure from other countries by setting up an investigation that pins the blame for peacekeeping failures in South Sudan on the Kenyan force commander.




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News24.co.ke | Kenya warned against closing world's largest refugee camp

Another major aid group is warning Kenya not to close the world's largest refugee camp, saying the move is pressuring tens of thousands of Somali refugees to return to their deeply unstable country.




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News24.co.ke | 14-year old KPCE candidate dies from suspected botched abortion

A 14-year old girl sitting for her Kenya Certificate of Primary Education (KCPE) in Samburu County died tragically on Wednesday after she complained of stomach cramps.




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News24.co.ke | Kenya deports South Sudan rebel official over Facebook post

A Kenyan official says a South Sudanese rebel spokesperson has been deported to South Sudan over a Facebook posting, while colleagues fear for his life and human rights workers say he was a UN-registered refugee.




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News24.co.ke | US engages Kenya after KDF withdrawal from S Sudan

The US says it is closely monitoring the situation following President Uhuru Kenyatta’s decision to withdraw Kenya Defence Forces from the United Nations Mission in South Sudan.




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News24.co.ke | Youths heavily beaten after creating Ruto blockade

A group of irate youths got their lives handed to them when they attempted to block Deputy President William Ruto’s bloackade.




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News24.co.ke | Pupils begin KCSE exams, record number since 1989

One and half million students will be sitting their Kenya Certificate of Secondary Education examinations this year marking it as one of the highest since 1989.




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News24.co.ke | Mombasa police and inspectorate officers clash over land dispute

Mombasa County inspectorate officers on Monday were caught in a land dispute issue with a private investigator when they attempted to bring down an erected wall.




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News24.co.ke | Bomet Governor Ruto rushed to hospital after altercation with police

Bomet Governor, Isaac Ruto was airlifted to Nairobi Hospital on Monday morning after clashing with police officers.