Monthly Update October 2015

Monthly Update October 2015

This month’s LexisPSL Banking & Finance highlights include:


• LMA produces supplement to Finance Parties' Rights clause

• LMA publishes guidance on financial regulation and the loan market

• LMA revises East Africa, Nigeria and Zambia facility agreement

Asset finance

• Revision of NYPE time charter party issued

Debt capital markets

• ESMA issues papers on the EU credit rating industry


• ISDA issues Asia-Pacific regulatory profiles

• Draft RTS finalised for the central clearing of CDS

Real estate finance

• LMA amends REF Facility Agreements and produces financial covenant cure rider


• Cross-border effectiveness of the BRRD bail-in power

• ESMA proposes delayed submission of MiFID II regulatory technical standards

• ESMA publishes its priorities for 2016

Also in this month’s update:

• A full list of cases covered by the Lexis®PSL Banking & Finance team this month

• Key cases and relevant updates for Banking & Finance lawyers from LexisPSL Restructuring & Insolvency.

Click here to access the October 2015 update

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About the author:

Neeta started her legal career at Allen & Overy in 2008 in the midst of the global financial crisis and the collapse of Lehmans where she gained most of her paralegal experience.

Neeta also did a short stint in litigation at the Revenue and Customs Prosecutions Office in 2006. Neeta graduated with a 2:1 honours degree from University of London, Queen Mary College and went on to obtain a distinction from the College of Law in the Legal Practice. She has been working at Lexis Nexis since April 2013.