With conspiracy murmurs, verbal witch hunts, muffled roars and other forms of escapism, neither crises nor their aftermath can be meaningfully combated. Progress is more likely to be found through expertise and the willingness to discuss old and new findings in a meaningful and open-ended manner.
Compliance and Sustainability – Value creating third-party risk programmes
Webinar description: “Following a survey of 1,800 global third-party risk professionals, we are hosting a two-part webinar series to review the findings – focusing on the relationship between compliance and sustainability, and the impact on third-party risk programmes.
In the first webinar we explored the reasons to review third-party risk programmes, and in the upcoming webinar on Tuesday 26th May we will discuss practical aspects of how to turn third-party risk programmes into centres of value creation.
- What are the expectations of investors in terms of the supply chain and third party risk networks?
- How can we efficiently incorporate ESG concerns into third-party risk programmes?
- How can we introduce automation in workflows and research given the growing complexity of supply chain networks?”
Date: 26th May
Time: 14:00 BST| 15:00 CEST
Please register – https://refini.tv/2TebD8W – if you would like to attend this webinar. If you are interested but you’re unavailable, register and Refinitiv will send you the webinar recording.
In terms of level playing field engagement in international cooperation, governments are seeking different measures. The German Foreign Trade and Payments Act—to be put in place this summer—is one of these policies. Who is affected by the decision? What does it mean in detail? Learn more in the China Policy Update provided by Dentons and China Europe International Exchange (CEINEX).
China Policy Update
28 May 2020
10.30-11.30 CEST (16.30-17.30 CST)
Our partner Casablanca Finance City will host a webinar on the challenges and opportunities that the post-Corona era provides for Africa:
Lockdown may progressively be lifting in Africa but its impact will live on. Casablanca Finance City is bringing together international experts and representatives from companies operating in Africa, to discuss the outlook and prospects of post-COVID Africa.
The panel will cover field experiences from different industries and the impacts on their respective businesses:
- How will the private sector be impacted in Africa?
- How is the financial services community supporting companies operating on the continent?
- How can the digitalization boost be leveraged to support economic recovery? What are the risks?
- What are the social impacts between employers and employees?
Understanding the landscape in a post Covid era: Outlook and prospects in Africa
Wednesday, May 20, 2020
12:00 pm Casablanca Time (UTC)
Moderator: Peter Walts, COO, ELA Alliance
The German-British Chamber of Industry and Commerce invites you to a webinar series and online discussions.
It starts with the topic “UK – The Corona-crisis and the impacts on Brexit” on friday, May 15th 2020, 8.00am UK time. Read more
The Corona pandemic exposes the fragilities of our societies and economies. Policymakers at all levels are taking decisive action to protect firms and households. Common European action is highly desirable and feasible. We need to evoke the positive forces that give us strength. We need to find pragmatic solutions. European cooperation is indeed working better than often claimed. Financial stability is a prominent example: a lot has been achieved since the global financial crisis. We can be proud of these developments and learn from this experience.
Many people are asking themselves “what is the EU doing to tackle the crisis?” In our policy field, financial stability, a lot is being done.
A well-functioning financial system is not an end in itself. It is there to make the economy work; to foster sound investment and saving; to ensure safe and efficient payments.
Prior to the outbreak of the pandemic, the resilience of the banking sector had been strengthened, thanks to the reforms of the past decade. European and national supervisors have now been able to release buffers of capital and liquidity in order to allow banks to lend more. Supervisors also recommended to financial institutions not to finance payouts, in order to increase their resilience. All this has been done by exploiting flexibility in the rules; it does not mean reversing the reforms, which have made banks more robust ahead of the crisis.
In line with their responsibilities and mandate, the ECB and national central banks have acted promptly and decisively to avoid a downward spiral in price expectations and to ensure a smooth flow of liquidity to firms and orderly conditions on markets.
Read the full guest contribution at: https://www.bundesbank.de/en/press/contributions/learning-from-european-cooperation-in-the-field-of-financial-stability-832294.
Minister President Volker Bouffier: “We are easing restrictions where we can justify them.”
The state government of Hesse decided today to relax corona restrictions following a video conference with Chancellor Angela Merkel and the ministers president on Thursday, 30 April 2020. Beginning on 4 May 2020, hair salons and barbershops, museums and zoos, among others, will be permitted to open in Hesse, subject to social distance and hygiene rules. Playgrounds may also be used again.
“We are far from being over the pandemic. For this reason, protecting the health of our citizens still remains our top priority. We are staying the course and we are easing restrictions where we can justify them. Competition between the states to see who can return to normality the quickest will not help anyone. We are moving forward step by step and in a prudent manner. At the same time, we want to give people an outlook for the future,” Minister President Volker Bouffier said in Wiesbaden.
The following will be permitted to open in Hesse as of 4 May 2020, subject to social distance and hygiene rules:
- Museums, exhibitions, castles and memorials, under the specification, that use is of an individual nature. Group activities or tours may not be offered. As a guideline, one person should be allowed per 20 square metres.
- Animal parks, zoos and botanical gardens
- Dog groomers and dog schools
- Copy shops
- Driving schools, music schools and private lessons (for individual lessons and small groups up to five people)
- Hairdressers and other personal care services such as cosmetic and nail salons, tattoo parlours, and massage practices. Providers must wear a mouth and nose covering for the entire duration of customer contact. Mouth and nose coverings are also mandatory for customers. These may only be removed if the services can only be rendered without said covering.
- Previously prohibited elective medical operations and surgeries in clinics and outpatient practices, may be performed.
- In all health care facilities, such as hospitals and doctors’ offices, mouth and nose coverings must be worn. This obligation also applies in shopping streets and covered shopping centres.
- Classroom training will be resumed in the training of civil servants and employees in the public sector, when completion was planned for 2020. This also includes sports training and examinations.
On Wednesday, 6 May 2020, consultations between Chancellor Merkel and the leadership of the federal states entered the next round. The agenda included concepts for opening day-care centres, schools, sports facilities, restaurants and pubs, as well as the topic of trade. “I expect thorough and constructive discussions and hope that, wherever possible, we will be able to adopt uniform regulations and that citizens, especially families, will be given a clearer outlook for the future,” emphasised Minister President Bouffier.
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All ordinances are continuously published and updated on corona.hessen.de.