Monthly Update: April 2015

In this month’s LexisPSL Banking & Finance highlights:

Financial regulation remains high on the agenda:

  • The Prudential Regulation Authority (PRA) has set out its approach and expectations relating to the supervision of building societies' treasury and lending activities; and
  • HM Treasury consults on transposition of MiFID II.

Also in this month’s highlights:

  • The Loan Market Association (LMA) has issued a summary of its guidance to assist its members with understanding their compliance obligations generally and the impact of EU and US sanctions on loan transactions;
  • BIMCO begins project to develop shipping finance standard term sheet; and
  • Land Registry updates guidance: on i) legal charges and deeds of variation; and ii) mortgage documentation guidance.

For all this and more, including key cases and relevant updates for Banking & Finance lawyers from across LexisPSL including Corporate; Restructuring and Insolvency; and Financial Services, click here to access the April 2015 update.

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