CA daily briefing: Friday 20 March 2020
Your essential briefing of the morning's top news stories.
Good morning, Hilde Oesterkloeft here to give you this week's last morning brief.
The latest from ICAS
Access information, resources and insight about coronavirus from ICAS on our new hub.
Legislation to amend the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (the 2017 AML Regulations) became effective on 10 January 2020. Steven Wood reports.
The International Accounting Standards Board (IASB) has completed its deliberations on the proposed amendments to International Financial Reporting Standard (IFRS) 17 Insurance Contracts, that were exposed for public consultation in June 2019.
Today's top stories from around the web
- Coronavirus: Chancellor prepares wage package rescue plan (BBC News)
- Bank of England cancels annual stress test of banks (Reuters)
- FTSE 100 climbs as global markets rally on unprecedented stimulus measures (City AM)
- Coronavirus: Rail services to be cut down from Monday (Sky News)
- Wetherspoon's boss says shutdown would be 'over the top' (BBC News)
- 'Strings attached' - Governments offer financial lifelines to airlines, at a price (Reuters)
- Mortgage holders struggle to contact banks for payment holiday (The Guardian)
- Coronavirus: Marks & Spencer warns on profit as it considers store closures (City AM)
- Deutsche Bank warns it may be 'materially' affected by virus impact (Reuters)
That's all for today. Check back next week for your Monday briefing.