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Category: Coronavirus

Feb 21
ITFA issues guidance on use of electronic signatures

In light of the COVID-19 outbreak, ITFA looked at the position of e-signing contracts, releasing practical guidance on how they are recognised across various jurisdictions. Note: this is not legal advice. 1. Following the outbreak of the Covid-19 pandemic, members have been obliged to work from home. This has raised obvious problems in signing documents, […]

Feb 21
PARIS/GENEVA: ICC and WHO launch worldwide business survey to improve COVID-19 information flows

The International Chamber of Commerce (ICC) and World Health Organization (WHO) have launched a worldwide survey to report the challenges faced by the private sector from COVID-19. In response to COVID-19, ICC and WHO are surveying the private sector to gather more information about global business responses and develop solutions that will address the spread […]

Feb 21
#PutFinTechToWork – An Open Letter by Innovate Finance CEO Charlotte Crosswell

I have been amazed at the response of the financial services innovation community to the COVID-19 crisis. It is at times like these that we really see the value of its out-of-the-box thinking, agility and bravery to try something new. Innovate Finance has been recognising and celebrating the incredible work of the ecosystem in the […]

Feb 21
ICC calls on governments to enable an immediate transition to paperless trading

The International Chamber of Commerce (ICC) has provided guidance to the trade finance market to address COVID-19 disruptions, urging governments and central banks to void any legal prohibitions on the use of electronic trade documentation. Responding to the urgent need to address the disruptions facing the trade finance market as the world grapples with the […]

Feb 21
UK and US start trade negotiations

The UK and US governments will today (Tuesday 5 May) start negotiating a UK-US Free Trade Agreement. The International Trade Secretary Liz Truss and the US Trade Representative Robert Lighthizer are launching negotiations via video conference call. This first round of negotiations will last for approximately 2 weeks and will involve around 100 negotiators on […]

Feb 21
Emerging markets face ‘unparalleled’ civil unrest, as economic impacts of pandemic unfold

As the economic fallout from COVID-19 mounts, protests in emerging and frontier markets are set to swell with millions of newly unemployed, underpaid and underfed citizens, posing a risk to domestic stability with few parallels in recent decades. 

Feb 21
EU Recovery Package: a brave step but lacks SME component

Brussels, 22/07/2020 – SMEunited welcomes the European Council deal on the Recovery package. European leaders took an important step, which is a strong sign of cross-border solidarity amid the pandemic. However, important instruments for SMEs were cut severely.

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