Global Registration Services - Market Update Q2 2020

United Kingdom

As noted in our client update on 7 July 2020, the FCA has announced that they will be reopening the notification window for the temporary permissions regime ("TPR") on 30 September 2020.

This will allow firms that had not previously notified the FCA of their intention to use the TPR to do so and also allows fund managers to update their previously submitted notifications before the end of the transition period.

Europe

COVID-19 and Half-Yearly Financial Reports

On 20 May 2020, ESMA published a public statement addressing the implications of COVID-19 on the half-yearly financial reports of listed issuers. It outlines a number of recommendations including: