Monthly Update January 2016

Welcome to this month’s highlights from the Lexis®PSL Banking & Finance team covering key updates and analysis relating to Banking & Finance law and

This month's highlights this month (click here to download) are:

Lending
  • IASB shines light on leases by bringing them onto the balance sheet
  • LMA publishes a recommended form of bail-in clause
Security
  • Bills of Sale Consultation Paper—a response
  • What are the duties owed by a mortgagee in possession?
Acquisition finance
  • PERG reviews portfolio companies’ compliance with new reporting obligations
Project finance
  • Infrastructure and Projects Authority comes into existence
Real estate finance
  • Attestation process of multiple signatures to deeds
Debt Capital Markets
  • Early redemption of convertible securities
Derivatives
  • ESMA signs MoUs with Mexico and South Africa on central counterparties
  • FIA merged into single, global organization
  • ISDA votes to change DC rules
Structured products
  • Securities Financing Transactions Regulation comes into force
Regulation
  • LMA feedback to European Commission on ‘flood’ of EU regulation
  • 2016 priorities set out by ECB
Cross-border—Scotland
  • Public Services Reform (Insolvency) (Scotland) Order 2016
  • Local Authority (Capital Finance and Accounting) (Scotland) Regulations 2016
Relevant updates for Banking & Finance lawyers from across LexisPSL
  • Corporate
  • Financial Services
  • Restructuring & Insolvency
Cases
  • A full list of cases covered by the Lexis®PSL Banking & Finance team this month

Click here to access the January 2016 update

Relevant Articles
Area of Interest