ir

Amid Coronavirus Pandemic, SDGs are Even More Relevant Today Than Ever Before

Nana Addo Dankwa Akufo-Addo is President of the Republic of Ghana and Co-chair of the UN Secretary-General’s Eminent Group of Advocates for the SDGs and Erna Solberg is Prime Minister of Norway and Co-chair of the UN Secretary-General’s Eminent Group of Advocates for the SDGs

The post Amid Coronavirus Pandemic, SDGs are Even More Relevant Today Than Ever Before appeared first on Inter Press Service.




ir

Global Leaders Must Prioritise Children’s Wellbeing amid Coronavirus Pandemic – UN

United Nations Secretary General António Guterres on Thursday pleaded with global leaders and families to ensure the protection of the world’s children, millions of whom he says are vulnerable to a myriad of threats as a result of the shutdown arising from the global coronavirus pandemic.  While children are at a significantly lower health risk […]

The post Global Leaders Must Prioritise Children’s Wellbeing amid Coronavirus Pandemic – UN appeared first on Inter Press Service.





ir

U.N. Releases Report on Socio-economic Effects of Coronavirus

As the number of coronavirus cases continues to grow, concerns are simultaneously growing about the current and long-term effects this will have on certain demographics — specifically, women, the youth, migrant workers, and many employees around the world.  This week, the United Nations launched a report “Shared Responsibility, Global Solidarity: Responding to the socio-economic impacts […]

The post U.N. Releases Report on Socio-economic Effects of Coronavirus appeared first on Inter Press Service.




ir

Best souvenirs to buy from 30 places in Turkey

Best souvenirs to buy from 30 places in Turkey




ir

Thousands have already booked their seats for popular Eastern Express

With the winter approaching, the demand for seats on the Eastern Express, a train service that links the capital Ankara with the eastern province of Kars, has surged again, as the number of tickets sold so far for the winter months reached 10,000. Click through for the story in photos...




ir

First supermoon of 2020 brightens up Edirne skies

A supermoon is seen over Turkey's northwestern Edirne province on Feb. 9, 2020. The astronomical event occurs when the moon is closest to Earth in its orbit, making it appear much larger and brighter than usual. (AA Photo)




ir

Cappadocia under snow: A winter fairy tale

As winter tightens its grip in Turkey, Cappadocia's beautiful scenery under a blanket of new pristine snow mesmerizes visitors. (IHA Photo)




ir

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.




ir

S&P affirms Turkey's credit rating

Standard & Poor's rating agency on  May 6 affirmed Turkey’s long-term foreign currency sovereign credit rating at B+ and long-term local currency sovereign credit rating at BB-. 




ir

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.




ir

Red Army Choir performs Ottoman war song amid pandemic

Russia's Red Army Choir shot a video at home playing notes from the Ottoman military band Mehter in support of Turkey's fight with the novel coronavirus.



  • Arts & Life

ir

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. 




ir

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.




ir

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.




ir

Inquiry launched to investigate the impact of toxic chemicals in everyday products

The Environmental Audit Committee (“EAC”) has launched an inquiry to investigate the impact of toxic chemicals on everyday life (launched 12 February 2019). The inquiry will focus on the use of toxic chemicals in everyday products includ...




ir

EU Circular Economy - Opportunity to Comment on Roadmap for New Action Plan

The end of December 2019 saw the next step in the EU’s commitment to the adoption of a circular economy as the EU Commission published a road map on a new action plan which aims to speed up the transition to a circular economy. The new plan is...




ir

US imposes further sanctions on Iran – what does this mean for the JCPoA and for global corporations and financial institutions?

On 10 January 2020, following the recent military escalation between Iran and the US, the White House issued Executive Order, "Imposing Sanctions With Respect to Additional Sectors of Iran" (“EO 13902”), which expands the already broad U...




ir

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...




ir

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...




ir

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...




ir

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...




ir

Over to EU: ISDA publishes template amendment to convert legacy English law governed agreements to French or Irish law

On 12 March 2020, the International Swaps and Derivatives Association, Inc (“ISDA”) published a template amendment agreement which allows the parties to an English law governed ISDA Master Agreement to convert that agreement to an equiva...




ir

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...




ir

Coronavirus - Dealing with the financial services regulatory challenges - Ireland

...




ir

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.&...




ir

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...




ir

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...




ir

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...




ir

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 ...




ir

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...




ir

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...




ir

Coronavirus - Supply chain disruption - Global

...




ir

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...




ir

Coronavirus - Corporate financing facility - UK

...




ir

Coronavirus - FAQs for UK authorized funds - UK

...




ir

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...




ir

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...




ir

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...




ir

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...




ir

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 ...




ir

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...




ir

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...




ir

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...




ir

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...




ir

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), ...




ir

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...




ir

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. ...




ir

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...