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Beyoncé, Gaga offer hope at all-star event fighting COVID-19

Lady Gaga, Stevie Wonder, Lizzo, Shawn Mendes and others sang classic songs brimmed with messages of hope and change during a TV special aimed at fighting the coronavirus, while Beyoncé and Alicia Keys spoke passionately about how the virus has disproportionately affected black Americans.



  • Arts & Life

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Butterfly garden in Central Anatolia draws 1.5 mln visitors in 5 years

The Konya Tropical Butterfly Garden is the only place in Turkey where one can observe every phase of metamorphosis, from small larvae to colorful butterflies.




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Top 5 weekend activities in Istanbul

Istanbul presents unique experiences for those who want to escape from the intense week day into the weekend in the world’s only intercontinental city. Click through for the top five suggestions from Hürriyet Travel:




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Turkey’s ‘natural aquarium’ attracts visitors

Lake Gökpınar, dubbed a “natural aquarium,” enchants visitors as fall colors merge with its crystal-clear turquoise-hued waters.




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World's second deepest canyon attracts visitors

World's second deepest canyon located in Turkey's Black Sea province of Kastamonu attracts visitors. (Source: Anadolu Agency)




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Turkey's unique canyons enthrall visitors

Canyons around the Euphrates River in eastern Malatya province are becoming favorite destinations for nature lovers.  (Source: Anadolu Agency)




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UN chief says coronavirus has sparked ’tsunami of hate and xenophobia’

U.N. Secretary-General Antonio Guterres called on May 8 for an "all-out effort" to end the "tsunami of hate and xenophobia" sparked by the novel coronavirus pandemic, without naming specific countries.




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44 inmates infected with COVID-19 in Istanbul

Turkish prosecutors on May 8 said that 44 inmates in an Istanbul prison have tested positive for COVID-19.




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No visitors let in care homes on Mother's Day

Turkish Labor, Social Services and Family Ministry on May 8 announced visitors will not be allowed to retirement and nursing homes across the country on Mother's Day Sunday, and also during traditional Eid al-Fitr holiday at the end of Muslim holy month of Ramadan.




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Football: 5 substitutes temporarily allowed due to virus

The International Football Association Board (IFAB) confirmed on May 8 that teams can make extra substitutions during games to "protect player welfare" in response to the coronavirus pandemic.




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One Beşiktaş player and a staff tests positive for coronavirus

One Beşiktaş player and a staff member tested positive for the coronavirus three days after the announcement that the Turkish league will resume next month, the club said on May 9. 




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Coronavirus death toll reaches 3,584 as recoveries exceed 78,000

Turkey's confirmed cases of the coronavirus increased by 2,253 in the past 24 hours, and 64 more people have died, taking the death toll to 3,584, Health Minister Fahrettin Koca said on May 6.




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Turkey imposes weekend virus curfew in 24 provinces

Turkey has imposed a two-day curfew in 24 provinces beginning on May 8 at midnight in an effort to stem spread of the novel coronavirus, which has claimed nearly 3,700 lives in the country.




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BREXIT – UK REACH – Potential Judicial Review?

Contenders to replace Theresa May as Conservative leader continue to clash over the prospect of a no-deal Brexit and how it could be achieved. In the meantime, the chemicals sector continues to attempt to mitigate the major ramifications it could ha...




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Eversheds Sutherland has advised Doncasters Group on the sale of its UK Fabrications and Blaenavon Forgings businesses

Eversheds Sutherland has advised Doncasters Group on the sale of its UK Fabrications and Blaenavon Forgings businesses to Arlington Capital Partners as two separate transactions. The deals were led by Corporate partner Richard Kyle with support from...




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Coronavirus - key legal challenges and solutions for the international energy industry

Overview On 30 January 2020, the World Health Organization (WHO) declared a Public Health Emergency of International Concern (PHEIC) in response to the spread of the Wuhan coronavirus, the sixth time that the WHO has made this declaration since adop...




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Coronavirus - EU restricts exports of protective equipment - Europe

  On 15 March 2020 the European Commission published Regulation 2020/402 (“Regulation”), which prohibits unlicensed export from the EU of certain personal and protective equipment. This measure is aimed at securing domestic supply o...




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Coronavirus - A guide for global industrials reassessing their outsourcing requirements during coronavirus - Global

A guide for global industrials reassessing their outsourcing requirements during coronavirus COVID-19 continues to cause widespread and indiscriminate disruption to global industrials. Manufacturing companies face more of a challenge in instituting...




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A guide to managing your M&A pipeline during COVID-19 for global industrials

The COVID-19 pandemic has taken global industrials around the world largely by surprise with wide-ranging consequences for their M&A pipelines. Coming on the back of a period of high valuations, political uncertainty and slowing deal activity, C...




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A pandemic within a pandemic-well being strategies and guidance on coping with COVID-19 anxiety for General Counsel

Pandemic: ‘(of a disease) prevalent over a whole country or the world’ Fear: ‘an unpleasant emotion caused by the threat of danger, pain, or harm’ Management: ‘the process of dealing with or controlling things or people...




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Coronavirus - New regulations on the use of unmanned aircrafts introduced by the Italian Civil Aviation Authority – Italy

Introduction In this briefing we look at the regulatory framework applicable to remotely piloted aircrafts in Italy, as recently updated by the Italian Civil Aviation Authority. In particular, this Authority, in line with the Government’s deci...




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Coronavirus - Considerations for property funds - UK

Introduction Given the evolving picture on COVID-19 and its impact on the UK economy there are a number of points which property fund managers should be considering in light of the FCA’s recent statements specifically on the virus and their p...




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Coronavirus - Dealing with the financial services regulatory challenges - Ireland

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Coronavirus - Immediate considerations for financial services clients in response to the COVID-19 pandemic

Communications need to be clear and timely Constantly review and maintain your customer communications content and strategy.  There is a regulatory expectation that firms will ensure consumers are adequately protected during severe disruption.&...




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Coronavirus - How can fund managers deal with market disruption? - UK

Introduction In the wake of the Coronavirus outbreak, and the restrictions imposed to curb its spread, there has been significant market disruption.  As has been seen in some real estate funds, there may therefore be difficulties for fund manag...




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Coronavirus – FCA and PRA guidance on designating key financial workers – UK

In response to Government guidance on maintaining educational provision for the children of key workers, the FCA and PRA have published guidance regarding individuals in th...




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Coronavirus – Finance overview of governmental economic support for industry - UK

Please note that this is a developing situation and we will update this note on a regular basis when further information is available. Across the budget on 11 March 2020 and the subsequent COVID-19 briefing meetings the Chancellor of the Exchequer h...




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Coronavirus – UK Investment Trusts: How to handle AGMs during the COVID-19 pandemic – UK

The restrictive measures on the movement of people to slow the spread of COVID-19 pose specific legal issues for UK Investment Trusts, which are just entering into the reporting and Annual General Meeting (AGM) season.  AGMs have traditionally ...




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Financial Services COVID-19 Training Menu

Novel coronavirus (“COVID19”) has created significant challenges for the financial services sector. As trusted adviser to many of the world’s largest banks, insurers, asset managers, fintechs and other market participants we are he...




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Coronavirus – A selection of issues borrowers and treasury departments should consider – Sweden

  The Coronavirus (COVID-19) outbreak is causing disruption to businesses and markets across sectors and jurisdictions. In this briefing we offer some practical tips for borrowers, treasury departments and customers in relation to loans and oth...




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Coronavirus - ESMA delays SFTR reporting obligation to mitigate impact of COVID-19 - Europe

The European Securities and Markets Authority (“ESMA”) has issued a public statement, “Actions to mitigate the impact of COVID-19 on the EU financial markets” urging national competent authorities not to prioritise supervisor...




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Coronavirus - Supply chain disruption - Global

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Coronavirus – Force majeure in financial services – Sweden

  In the wake of COVID-19, force majeure can be invoked to obtain relief under certain contracts. In this briefing, we discuss if it is a good idea and certain considerations borrowers and financial services customers should make. The impact of...




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Coronavirus - Corporate financing facility - UK

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Legal considerations for the financial services sector in adopting artificial intelligence

Legal liability for financial institutions and financial services firms when using artificial intelligence and machine learning Recent advances in the development of artificial intelligence (AI), coupled with the availability of sufficient computing...




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Coronavirus - FAQs for UK authorized funds - UK

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Coronavirus - Forfeiture, petitions and insolvency reforms - UK

In its response to COVID-19, the UK Government has also been listening to business and seeking to provide further support mechanisms to help those businesses that have been forced to close in the short term. This has included the prohibition on land...




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Coronavirus - FCA proposes temporary financial relief for consumer credit customers - UK

On Thursday 2 April 2020, the FCA issued draft guidance and Handbook changes to address the impact of Covid-19 on consumer credit customers who have credit cards, store cards and catalogue credit, personal loans and overdrafts. There is a short win...




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Coronavirus - Flexibility on SMCR - UK

The FCA and the PRA have issued a joint statement aimed at dual-regulated firms in an attempt to introduce some flexibility in connection with the senior managers and certification regime (SMCR) during the current COVID-19 pandemic. Responding to co...




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Coronavirus - UK Government’s economic assistance packages and their availability to financial services businesses - UK

Background The ongoing coronavirus/COVID-19 pandemic has quickly developed into a deep economic crisis of the like never experienced before. Many businesses, including those in the financial services sector, are facing a prolonged period of disrupti...




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Coronavirus - Deferral of initial margin requirements for derivatives announced – Global

On 3 April 2020, the Basel Committee on Banking Supervision (“BCBS”) and the International Organization of Securities Commissions (“IOSCO”) issued a statement recommending an extension to Phases 5 and 6 of the initial margin ...




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Coronavirus - Cayman Ministry announces package relief measures - Global

As COVID-19 continues to cause far reaching disruption, the Cayman Islands’ Ministry of Financial Services issued two Press Releases on 25 and 26 March, putting forward a package of measures designed to mitigate the neg...




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FCA review of outsourcing in the life insurance sector

Background and scope of the review On 4th March, the Financial Conduct Authority (FCA) published the findings of its desktop review of outsourcing in the life insurance sector. The review forms part of the FCA’s broader consultation and propos...




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Coronavirus - FCA finalises guidance on temporary financial relief for consumer credit customers - UK

On Thursday 9 April, the FCA confirmed measures to support consumer credit customers facing financial difficulty as a result of COVID 19 on personal loans, credit cards and overdrafts. Measures introduced by the new rules became applicable on Tuesda...




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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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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...