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...

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...

  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...

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...

On Thursday 2 April 2020, the FCA issued draft guidance and Handbook changes to address the impact of Covid-19 on consumer credit customers who have credit cards, store cards and catalogue credit, personal loans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

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...

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...

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...

  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...

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...

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...

Assistance includes returning a portion of students' tuition fees and giving cash for equipment and living expenses.

Prague Daily Monitor

Police from the National Center Against Organized Crime suspect an employee from the General Financial Directorate of agreeing to a ten million crown bribe, five million of which he had personally taken possession of. The spokesperson for the General Financial Directorate Zuzana Masatova said "the employee has been removed from service."

read more

The pandemic will be contained soon and when it does, you will pick up from where you left off.

Investors and lawmakers in Hong Kong are urging regulators to seek compensation for people who lose money when listed companies collapse shortly after their initial public offerings.Under the current system, when banks sponsoring IPOs are found to have fallen short in their due diligence duties, the proceeds of any fine imposed by the watchdog goes to the government, not investors. Those fines amount to almost HK$1 billion (US$130 million) over the last 20 years, according to calculations by…

David Medine is Senior Financial Sector Specialist at the Consultative Group to Assist the Poor (CGAP). He is also CGAP’s lead on data protection and security and works to develop novel, consumer-oriented approaches to data protection and to encourage the creation of cyber security resource centers for developing countries.

The post Financial Scams Rise as Coronavirus Hits Developing Countries appeared first on Inter Press Service.

Central banks have powerful tools to affect national economies but they are being challenged by innovative financial practices

With key financial reforms, Ho Chi Minh City has the potential to follow the model of Tokyo, Shanghai, Mumbai, and other cities which came to global financial prominence.

Past financial crises have demonstrated how adequate financial safety net arrangements—globally, regionally, and nationally—are vital to safeguarding financial stability.

The ‘app economy’ provides potential risks and benefits for developing countries. The right policies are needed to bring out the best in these emerging economic trends.

The Sindh High Court on Friday issued notices to the federal and provincial law ministries on a petition of the Sindh Bar Council seeking direction to the federal and Sindh governments for the provision of an annual grant in aid to the lawyers’ top provincial regulatory body and at least...

ADB has a vacancy for the position of Associate Financial Control Officer in the Controller's Department. The deadline for submitting applications is on 19 May 2020.

ADB today signed a $60 million loan deal (in Chinese Yuan equivalent) with Maxwealth Financial Leasing Co., Ltd. to improve municipal and industrial wastewater treatment capacity and standards in the People’s Republic of China...

Approved project 53097-002 in Papua New Guinea.

Foreign-currency exposures on an economy’s external balance sheet may jeopardize financial stability when the exchange rate depreciates.

ASEAN could learn from the European Union’s experience, particularly under the current global challenges.

This paper examines digital financial services and products—powered by financial technology—as well as low technology solutions that can boost digital financial inclusion for women in remote and rural areas.

The Credit Risk Database contributes to the overall understanding of the small and medium-sized enterprise sector.

Foreign-currency exposures on an economy’s external balance sheet may jeopardize financial stability when the exchange rate depreciates.

ASEAN could learn from the European Union’s experience, particularly under the current global challenges.

MCHP Updates Q3FY20 Financial Guidance

MCHP Announces Financial Results for Q3FY20

MCHP Announces Financial Results for Q4 and FY20

Methodology Financial cyberthreats are malicious programs that target users of services such as online banking, e-money, and cryptocurrency, or that attempt to gain access to financial organizations and their infrastructure. These threats are usually accompanied by spam and phishing activities,… Read Full Article

Strong as ever

And confirms its plans for Zen 3 and RDNA 2

Republicans on the House Oversight Committee said Friday repeated efforts to learn how the cash-strapped U.S. Postal Service intends to become financially stable have been stymied by U.S. Postmaster General Megan Brennan.

The lawmakers say they've requested a financial plan from Ms. Brennan three different times, but it hasn't been ...

Education Minister Stephen Lecce said the government will cover fixed operating costs and waive all fees related to licensing applications, renewals and revisions.

Read our live updates on coronavirus HERE Coronavirus: The symptoms

Follow our live coronavirus updates HERE Coronavirus: The symptoms

What is furlough? Read more HERE

More than a third of families with children living at home may have to cut back on spending for up to a year after the coronavirus lockdown measures end, a survey has found.

TORONTO - The provincial government said it will help cover operating costs for child-care providers and waive their licensing fees in an effort to keep them from permanently shutting during the COVID-19 crisis. Education Minister Stephen Lecce said Saturday that the government will give out

Gains in the financial sector led the way as Canada's main stock index posted a triple-digit advance in late morning trading, while the loonie rose compared with the U.S. dollar.

Downing Street has replaced a trade minister who resigned when an investigation found he threatened a company chairman over a financial dispute with his father.

Crystal Palace chairman Steve Parish has warned the bottom six clubs opposing the resumption of the Premier League in neutral grounds that they are not taking the financial threat to the league seriously enough.

Some 70,000 animals across Indonesia, including members of critically endangered species, are at risk of starvation as zoos struggle financially due to social distancing restrictions amid the coronavirus pandemic.

New data shows how hard the impact of the coronavirus has been on women's jobs as a leading economist worries about the long-term impact for women in the workforce.

The collective European economy will contract by 7.7 per cent this year and debt will skyrocket, with Italy, Greece, Spain and Portugal among the hardest hit by the economic effects of the coronavirus pandemic.

Many Queenslanders rejoice that some coronavirus restrictions will soon be lifted but what does this mean for the state's restaurateurs and publicans?