Read time: 3 minutes The COVID-19 pandemic has changed, at least temporarily, all facets of society and has had a truly global impact. The scale of fatalities and the losses suffered by families are truly tragic. Whilst the impact of the virus from a medical perspective is starting to become clearer, the economic impact of … Continue Reading
Read time: 5 minutes On 2 April 2020, the European Banking Authority (EBA) published guidelines on legislative and non-legislative moratoria on loan repayments in light of COVID-19 (EBA/GL/2020/2) (the Guidelines). The Guidelines were updated by a supplementary supervisory statement addressing the treatment of securitised exposures subject to payment moratoria, issued on 22 April 2020. The … Continue Reading
Read time: 2 minutes 45 seconds In these uncertain times, we take a look at the potential implications of COVID-19 on the LIBOR transition, currently scheduled for the end of 2021. The anticipated impact of COVID-19 on the LIBOR transition can be divided into two parts. There is the immediate … Continue Reading
