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Banking & Finance weekly highlights—26 March 2020

Published on: 26 March 2020

Table of contents

  • Coronavirus (COVID-19)
  • New Banking & Finance COVID-19 Practice Note
  • New guidance for mortgage providers and lenders taking part in the Coronavirus Business Interruption Loan Scheme
  • Covid Corporate Financing Facility (CCFF) to support business during coronavirus
  • ICMA makes its Euro commercial paper materials available to non-members
  • BoE launches Contingent Term Repo Facility in response to coronavirus COVID-19 outbreak
  • UK banks ‘ready and willing’ to help businesses and households bridge through the coronavirus pandemic
  • HMT, BoE and FCA jointly write to banks on COVID 19 and bank lending
  • FCA statement on the impact of coronavirus on firms’ LIBOR transition plans
  • Loan Market Association publishes briefing notes on coronavirus
  • More sections of this document available when you sign-in to Lexis+ or register for a free trial.

Article summary

This week's edition of Banking and Finance weekly highlights includes: (1) New Banking & Finance COVID-19 Practice Note (2) Loan Market Association updates certain facility agreements and guidance, and (3) Consultation on the taxation impacts of the withdrawal of LIBOR launched.

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