Monthly Update: March 2015

In this month's LexisPSL Banking & Finance highlights:

Hot Topic – Floating charges for building societies

The Financial Services (Banking Reform) Act 2013 (Commencement (No 8) and Consequential Provisions) Order 2015, which came into force on 26 March 2015, allows UK building societies to create floating charges without a registration scheme.

Also in this month's highlights

  • Supreme Court clarifies rights from trading of debt under LMA terms;
  • New criteria for developing simple and transparent securitisation structures; and
  • A comparison of EMIR and Dodd-Frank

For all this and more, including key cases and relevant updates for Banking & Finance lawyers from across LexisPSL including Dispute Resolution, Construction, and Restructuring and Insolvency, click here to access the March 2015 update.

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