Article summary
The Financial Conduct Authority (FCA) has published the 27th edition of its Primary Market Bulletin (PMB), which provides key commentary for issuers and market participants in light of the coronavirus (COVID-19) pandemic. The European Central Bank (ECB) has updated its COVID-19 statement, saying it is ready to adjust all of its measures, as appropriate, should this be needed to safeguard liquidity conditions in the banking system. The Personal Finance Society (PFS) has also published an update on its own response, together with contingency planning & client communications advice for its members, while the Building Societies Association (BSA) has issued Q&As on mortgage-related issues.
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