CMS Expert Guide to coronavirus related loan moratoriums

As the COVID-19 outbreak continues to spread across the globe, governments and banks in many jurisdictions have introduced extraordinary measures to alleviate the financial and economic impact of the pandemic. Such emergency measures often include moratoriums on loan payments (either imposed or recommended), authorizing a borrower to suspend or postpone payments (principal, interest, or both) for a certain period of time.

Our guide contains a brief but comprehensive overview of credit moratoriums for 30 countries worldwide, collated with a view to helping our clients navigate through the various government responses, and which will be updated on a regular basis.