Your search for

26 results were returned

  1. Legal news
    06 April 2020
    COVID-19: European Commission allows 100% government risk assumption of emergency liquidity assistance in Germany
    www.twobirds.com/en/news/articles/2020/global/covid-19-european-commission-allows-100-government-risk-assumption-of-emergency-liquidity-assistance

    In Germany the issuing banks of government emergency liquidity assistance loans had to assume at least 10% of the risk. The European Commission now cleared the path for a fully covered guarantee to SMEs

  2. Legal news
    20 April 2020
    Financial first aid measures adopted in Spain in response to COVID-19
    www.twobirds.com/en/news/articles/2020/spain/financial-first-aid-measures-adopted-in-spain-in-response-to-covid-19

    Following the declaration of the state of alarm in Spain due to the COVID-19 outbreak on March 14 2020, the Spanish Government announced the implementation of a series of extraordinary measures in the financial sector ...

  3. Legal news
    03 April 2020
    Governmental grants and financial assistance available for Swedish companies in distress due to COVID-19
    www.twobirds.com/en/news/articles/2020/sweden/governmental-grants-and-financial-assistance-available-for-swedish-companies

    With the 2019 Novel Coronavirus (Covid-19) continuing to spread globally, the effort to contain the viral outbreak by governments and health organisations has put pressure on major economies. Many companies are facing ...

  4. Legal news
    01 April 2020
    FIRB update: Reducing the monetary thresholds and extending the review period
    www.twobirds.com/en/news/articles/2020/global/firb-update-reducing-the-monetary-thresholds-and-extending-the-review-period

    On 29 March 2020 the Treasurer announced two significant changes to Australia's foreign investment rules. The changes are effectively immediately (but will not apply to transactions entered into before 10.30pm on 29 ...

  5. Legal news
    06 April 2020
    Director's duties and COVID-19
    www.twobirds.com/en/news/articles/2020/global/directors-duties-and-covid19

    Directors have a duty to act in the best interests of the company. A director has the following general duties under the Companies Act 2006:

  6. Legal news
    07 May 2020
    Slovakia & COVID-19 & Financial update
    www.twobirds.com/en/news/articles/2020/slovakia/slovakia-covid19-financial-update

    The COVID-19 pandemic is disrupting our daily lives, as well as entrepreneurs' operations in all business sectors. The state authorities must react fast and adopt legislation aiming at mitigating the COVID-19 negative ...

  7. Legal news
    28 May 2020
    COVID-19: FCA Consults On Safeguarding Guidance For PSPs And EMIs
    www.twobirds.com/en/news/articles/2020/uk/covid-19--fca-consults-on-safeguarding-guidance-for-psps-and-emis

    Prompted by the COVID-19 crisis, the FCA is consulting on temporary guidance which will apply to payment service providers (PSPs) and electronic money institutions (EMIs). While the proposed guidance focuses on ...

  8. Legal news
    03 April 2020
    COVID-19: Germany's Federal Government announces Start-Up aid-programmes
    www.twobirds.com/en/news/articles/2020/germany/covid-19-germanys-federal-government-announces-start-up-aid-programmes

    On 1 April 2020, the Federal Ministry of Finance alongside the Federal Ministry for Economic Affairs and Energy have announced a tailored start-up aid programme worth EUR 2 billion, to combat COVID-19 related recession.

  9. Legal news
    31 March 2020
    KFW emergency liquidity assistance to combat COVID-19
    www.twobirds.com/en/news/articles/2020/germany/kfw-emergency-liquidity-assistance-to-combat-covid-19

    To combat COVID-19 and its economic impact, German state-owned development bank Kreditanstalt für Wiederaufbau (KfW) has introduced the unlimited “KfW special programme 2020.” We have summarised the programme with ...