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Banking

03 April 2020
Alexander Vogel Liquidity aid for businesses in times of coronavirus: emergency aid through guaranteed COVID-19 bridging loans

Switzerland - Meyerlustenberger Lachenal

The COVID-19 pandemic and the measures against it taken by states all over the world will have serious consequences for the Swiss economy. To cushion the economic consequences of the spread of the coronavirus, the Federal Council recently approved a comprehensive package of measures worth Sfr32 billion. A key component of this package is government-backed loans to provide liquidity for businesses.

Authors: Alexander Vogel, Samuel Ljubicic, Remo Müller
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Neslihan Tuna Saracgil Communique on banking fees and commissions published

Turkey - Selvi & Ertekin

The Communique on Procedures and Principles Regarding Fees to be Collected from Commercial Customers by Banks was published on 10 February 2020. The communique aims to determine the type, quality and maximum amount or rate of fees to be collected for providing products and services, ensure the accuracy of concepts and terms, prevent overpricing and increase the predictability and transparency of transactions conducted between Turkish banks and their commercial customers.

Author: Neslihan Tuna Saracgil
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Recent updates

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Croatia - Macesic & Partners

Author: Ivana Manovelo
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Austria - Schima Mayer Starlinger

Author: Stephan Schmalzl
Donna M Parisi LIBOR transition: Fannie Mae and Freddie Mac to stop accepting LIBOR and begin accepting SOFR

USA - Shearman & Sterling LLP

Authors: Donna M Parisi, Geoffrey B Goldman, Azam H Aziz, Jennifer Oosterbaan
Marco Penna Public consultation on techno-finance sandbox launched

Italy - Legance – Avvocati Associati

Author: Marco Penna
Mary V Ward Blockchain and cryptocurrency regulation 2020

Bermuda - Carey Olsen Bermuda

Author: Mary V Ward
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Switzerland - Meyerlustenberger Lachenal

Authors: Alexander Vogel, Reto Luthiger, Lukas Lezzi
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United Kingdom - Allen & Overy LLP

Authors: Georgina Thomson, Amy Edwards

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