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A&O Shearman

UK CMA review of the SME Banking Undertakings 2002

A&O Shearman on

The UK's Competition and Markets Authority (CMA) has confirmed its decision to review the remaining SME Banking Undertakings 2002 and has launched its consultation seeking views on whether the undertakings need to be updated....more

Cadwalader, Wickersham & Taft LLP

COVID-19 Update: FCA Sends “Dear CEO” Letter to UK Banks on Lending to SMEs and Responsibilities of Senior Managers

Cadwalader, Wickersham & Taft LLP on

On 15 April 2020, the UK Financial Conduct Authority (“FCA”) published a “Dear CEO” letter sent to the leaders of UK banks on lending to small and medium-sized enterprises (“SMEs”) during the COVID-19 pandemic....more

Orrick, Herrington & Sutcliffe LLP

COVID-19 UK Insight: TCG – Government assistance and support for SMEs

Orrick, Herrington & Sutcliffe LLP on

The global outbreak of Coronavirus (COVID-19) is having a significant impact on businesses globally. This is particularly true for the start-up industry as companies may be facing immediate cash-flow, debt and staffing...more

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