Coronavirus - New Guidance: Government update on the Coronavirus Job...
On Friday 20 March 2020, the Chancellor announced a new “Coronavirus Job Retention Scheme” (the Scheme) to help pay people’s wages. Updated Guidance on the Scheme was issued on 4 April 2020 (the...
View ArticleCoronavirus Job Retention Scheme: key pensions issues for the LGPS - UK
On Thursday 27 March, the UK Government released fuller details of the new Coronavirus Job Retention Scheme (or “Furlough Scheme”) first announced on Friday 20 March, with guidance being published...
View ArticleCoronavirus - Import duty and VAT on medical supplies, equipment and...
In order to help in the fight against COVID-19, the European Commission has adopted a Decision, addressed to the Member States, which allows for tax authorities across Europe to offer import tax...
View ArticleCoronavirus - 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...
View ArticleCoronavirus - FCA proposes temporary financial relief for consumer credit...
On Thursday 2 April 2020, the FCA issued draft guidance and Handbook changes to address the impact of Covid-19 on consumer credit customers who have credit cards, store cards and catalogue credit,...
View ArticleCoronavirus - Additional legal protections for residential and commercial...
In addition to the FCA’s recent guidance (see our note summarising the main points here) on payment holidays and repossession actions addressed to mortgage lenders, mortgage administrators, home...
View ArticleCoronavirus Flemish soil legislation Belgium
The Flemish Government has issued a decree on March 27, 2020 which entered into force with immediate effect, to extend for 30 days: 1. the 90-day period (becoming 120 days) for OVAM (the Flemish Waste...
View ArticleCoronavirus Debtor shortcomings Belgium
Even in COVID-19 times, companies (and their directors) should not unnecessarily jeopardise the rights of their creditors and the continuity of their activities. Think about paying dividends, and...
View ArticleCoronavirus Employment law Belgium
Strict social distancing measures have been taken in Belgium due to the spread of the COVID-19 within our country. The measures announced are (for now) applicable until 19 April 2020 inclusive....
View ArticleSafety Considerations: Premises Closure
Overview for owners and occupiers 1. Introduction 1.1. In the current climate many businesses are faced with the difficult decision as to whether they can continue with their operations at this...
View ArticleCoronavirus (COVID-19)- Do I still need to obtain an Energy Performance...
The Government has published advice on meeting the regulatory requirement to obtain a valid Energy Performance Certificate (“EPC”) prior to marketing a property during the Coronavirus outbreak. By way...
View ArticleNew Defensive Measures for Backlisted Jurisdictions: What impact will...
On 30 March, the Luxembourg Government published a new draft law (the Draft Law) which looks set to increase the Luxembourg tax burden for transactions realised with enterprises based in jurisdictions...
View ArticleSupport around Covid-19 Challenges
Most of the questions we are receiving in the clean energy sector around Covid-19 relate to maintaining project continuity and the impact of Covid-19 on the work force, raising and defending Force...
View ArticleEducation briefing: Coronavirus - New Guidance: Government update on the...
On Friday 20 March 2020, the Chancellor announced a new “Coronavirus Job Retention Scheme” (the Scheme) to help pay people’s wages. See our previous briefings of 23 March and
View ArticleCoronavirus - UK Governments economic assistance packages and their...
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...
View ArticleCoronavirus - Dividends distribution and variable remuneration policies - UK
In the week commencing 30th March 2020, the European Insurance and Occupational Pensions Authority (“EIOPA”) released a statement giving guidance on suggested attitudes towards dividends distribution...
View ArticleCoronavirus - Deferral of initial margin requirements for derivatives...
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...
View ArticleCoronavirus - Accelerated M&A transactions; a guide for sellers and buyers -...
For companies that are financially stressed or distressed, a sale of the company or its business and assets might be the best exit route for its stakeholders. The desire to exit through a sale is...
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