About Banking & Finance Law
The uncertain economic climate has led to unprecedented challenges in the finance sector. It is more difficult than ever to get your deals done.
Key features of Lexis+® Banking & Finance
We'll keep you up to date with news. Weekly essentials newsletters, monthly case updates and a case tracker with the status of cases included and key cases notes on main topics.
Key developments and horizon scanning
Transactional lawyers need to stay on top of market changes. We track developments of key industry bodies including the LMA, ISDA and ICMA as well as hot topics such as sustainable finance so that you're always updated.
Security
Lending demands watertight security. We’ll guide you on taking, perfecting, and registering security. As well as topics covering enforcing security and cross border security.
Getting deals over the line
Economics is often a rollercoaster, ups, downs, and challenges. It can make the task of sealing deals tricky. We’ll help you navigate the uncertainty.
Topics We Cover
Latest Banking & Finance News
This week's edition of Banking and Finance weekly highlights includes: (1) the FCA consults on regulatory framework for the UK cryptoasset sector; (2)...
The Investment Association (IA), the Personal Investment Management and Financial Advice Association (PIMFA) and the Alternative Investment Management...
The Financial Conduct Authority (FCA) has published proposals to establish a regulatory framework for the UK cryptoasset sector. These proposals are...
The Financial Markets Law Committee (FMLC) has published its response to HM Treasury's draft Financial Services and Markets Act 2000 (Regulated...
Law360, Expert analysis: Since 2023, the UK government has engaged with the cryptoasset industry as part of its efforts to develop a regulatory regime...
Latest Banking & Finance Practice Notes
Administration—an introductory guideAdministration is a procedure designed to give an entity breathing space, with a view to either a rescue or a...
Light touch administrationA light touch administration essentially refers to administrations in which the directors to continue to have some power to...
Bankruptcy searchesBankruptcy searches at the Land Charges DepartmentWhen a bankruptcy petition is presented by a creditor, the court shall as soon as...
Insolvency searches for companies at the Central RegistryWhat is the Central Registry of Winding-up Petitions?The Central Registry of Winding-up...
Key features in LMA Private Placement documentationStop Press: The LMA Private Placement documents are currently marked for reference only as the LMA...
Latest Banking & Finance Precedents
Executing documents—training materialsThese Training Materials provide an introduction to execution and cover the principal areas of executing simple...
Retention of title (standard, or simple) clause1Title and risk1.1Risk in the Goods will pass to the Buyer [on [completion of] delivery OR when the...
Notice of assignment of contractual rights and form of acknowledgement for an assignment by way of security: single company...
Assignment of insurance policies: single company assignor—bilateral—specific moniesThis Deed is made on [insert day and month] 20[insert...
Share charge (granted by the borrower): single company chargor—bilateral—specific moniesThis Deed is made on [insert day and month] 20[insert...
Latest Banking & Finance Q&As
Featured Banking & Finance content
Bills of exchange—structure and parties
Bills of exchange—structure and partiesBills of exchange are negotiable instruments that represent an unconditional promise by one party to pay...
Term Loan B facilities
Term Loan B facilitiesThis Practice Note discusses Term Loan B (TLB) facilities which frequently appear as a tranche of senior facilities in...
Invoice discounting and factoring
Invoice discounting and factoringThe popularity of financing business through the invoice discounting and factoring of receivables has grown...
Common financial covenants
Common financial covenantsThis Practice Note explains certain common financial covenants used in commercial finance transactions including:•minimum...
Offtake contracts—key issues for project finance lenders
Offtake contracts—key issues for project finance lendersMost projects are underpinned by a complex web of contractual relationships between all the...
Do you need a deed of release as well as a DS1 to release a legal charge over land?
Crystallisation of floating charges
Crystallisation of floating chargesThe key feature of a floating charge is that, until it crystallises, the chargor is entitled to deal with the...
Promissory notes—structure and parties
Promissory notes—structure and partiesA promissory note is a type of bill of exchange (for more information, see Practice Note: Bills of...
Bilateral, syndicated and club arrangements
Bilateral, syndicated and club arrangementsOne of the features used to categorise loans is the number of lenders involved. A loan involving one lender...
An introduction to repo and the Global Master Repurchase Agreement (GMRA)
An introduction to repo and the Global Master Repurchase Agreement (GMRA)Coronavirus (COVID-19): This Practice Note contains information on subjects...
Bridge to bond facilities
Bridge to bond facilitiesWhat are they?A bridge to bond facility is a type of acquisition financing where the buyer requires the certainty of a fully...
Floating charges—advantages and disadvantages
Floating charges—advantages and disadvantagesSummary of advantages and disadvantages of the floating chargeThis Practice Note discusses the advantages...
Key features of debentures
Key features of debenturesDebentures are used in many types of financing where it is desirable to take security over all of the assets of a particular...
Financial derivatives—netting
Financial derivatives—nettingNettingnetting is a contractual arrangement between two parties. Essentially, it means that the parties have agreed that,...
Assignments by way of security
Assignments by way of securityAssignments by way of security can take different forms and it is important to understand how they are created and their...
Guarantor rights and how to defer them in guarantee documentation—no competition clauses
Guarantor rights and how to defer them in guarantee documentation—no competition clausesGuarantees are a contractual arrangement where one party (the...
Sources of Shari'ah
Sources of Shari'ahIntroductionShari'ah (also Sharia, Shariah or Shari’a) (literally, in Arabic, 'the path towards the watering place') or Islamic law...
Introduction to fund finance—capital call facilities
Introduction to fund finance—capital call facilitiesThis Practice Note discusses:•what is meant by capital call facilities, NAV, or asset backed...
Associated legal terms
International Islamic Rating Agency (IIRA)
An agency set up to provide independent assessments to issuers and issues that conform to principles of Islamic finance with a special focus on development of local capital markets, primarily in the region of the Organization of Islamic Countries (OIC) and to provide impetus through its ratings to ethical finance, across the globe. The IIRA was founded as an infrastructure institution for the support of Islamic finance as conceived by the Islamic Development Bank (IDB or IsDB). This puts IIRA in league with system supporting entities like AAOIFI and IFSB. The IDB remains a prominent shareholder, and maintains oversight through its nominee, as Chairman to the Board of Directors.
Islamic Financial Services Industry (IFSI)
Acronym used in reference to the Islamic financial services industry.
MLA
Mandated Lead Arranger. The MLA(s) will typically distribute the information memorandum and attempt to syndicate the loan. They will also negotiate the financing terms.
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