COVID-19 is a global health crisis. It has also caused
considerable volatility and disruption to the financial markets,
which will have a radical impact on the corporate landscape for a
prolonged period.
In an effort to curb the spread of the virus, various
governments have announced stringent measures encouraging people to
stay at home, restricting personal travel and contact between
individuals ("self-isolation" and "social
distancing" measures).
From a business perspective, this has resulted in most companies
deploying their business continuity plans and includes personnel
working remotely in order to comply with these
self-isolation/social distancing measures. This has presented
some technological and operational challenges. These measures
have also impacted the ability to host physical board meetings,
which disrupts a company's or fund's ability to conclude
transactions and / or launch new products (the implications of
which are considered in our recent