Relief and Rescue During the COVID-19 Pandemic: Financial Regulatory Suspensions in the United Kingdom
Journal: IRIS - Institutional Research Information System (Libera Università Internazionale degli Studi Sociali Guido Carli)
Year: 2020

The COVID-19 crisis has severely impacted economic activities globally, entailing wide-ranging policy responses. A crucial piece of the mosaic in the policy response comes from financial regulation, as financial regulators have adjusted regulatory rules in order to allow the financial sector to meet the policy goals of ‘rescue and relief’. We argue that although the twin policy goals of relief and rescue meet immediate needs of many households and corporations caused by unexpected stressful cond