CFPB’s Section 1071 Final Rule (Part 1): A General Overview - The Consumer Finance Podcast
Over the last few days another significant batch of measures were adopted to mitigate the negative consequences of the COVID-19 situation, including the long awaited scheme for addressing issues related to leases of...more
Additional measures to promote an orderly behavior in the financial markets strengthen credit granting channels and provide liquidity for the sound development of the financial system in Mexico....more
The emergence of COVID-19 (the Coronavirus) at the end of 2019 has had an unprecedented impact on the global economic system. This alert focuses on the effect the Coronavirus pandemic is likely to have on small and medium...more
In light of the novel coronavirus (“COVID-19”) pandemic, the Singapore Government (the “Government”) has introduced various financing support, tax and other temporary relief measures designed to help Singapore businesses...more
The short-term effects of the novel coronavirus pandemic put many Polish businesses in financial distress and struck a major blow to their liquidity—a worrying turn of events in light of already widespread payment backlogs....more
On 8 April 2020, the Italian Government enacted Law Decree no. 23 of 2020 (the "Restore Liquidity" Decree). In combination with Law Decree no. 18 of 17 March 2020 (the "Cure Italy" Decree), it provides businesses affected by...more
The Spanish Government approves the conditions for an initial tranche of loan guarantees amounting to €20 billion to support Spanish enterprises affected by the COVID-19 outbreak....more
In our client alert titled "Government-backed initiatives to support businesses impacted by the Coronavirus," we gave an overview of various measures announced by the UK Government to help UK business through the economic...more