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
The European Commission has published a set of frequently asked questions (FAQs) to facilitate the implementation of the EU taxonomy for sustainable...
Banking & Finance analysis: This News Analysis provides a summary of the cases we have alerted in Banking & Finance for November 2024....
The Scottish Government has initiated a public consultation on proposed legislative reforms to shed light on the status of digital assets as property...
The Better Buildings Partnership (BBP) has published a comprehensive guide to support and assist UK commercial real estate owners in applying the...
This week's edition of Banking and Finance weekly highlights includes: (1) Our-round up of key cases from November 2024; (2) HMLR updates Practice...
Latest Banking & Finance Practice Notes
The Corporate Insolvency and Governance Act 2020, the increase in the prescribed part and reintroduction of Crown preference—key issues and discussion...
Key dates for Financial Services—horizon scannerThis Practice Note contains a list of key future developments and dates for financial services lawyers...
Banking & Finance—key dates and future developments tracker: 2024 and beyondThis Banking & Finance key dates and future developments tracker is...
Privilege—a guide for in-house banking and finance lawyersThis Practice Note explains at a high level the concept of privilege between clients and...
Releasing securitySTOP PRESS: The Economic Crime and Corporate Transparency Act 2023 (ECCTA 2023) received Royal Assent on 26 October 2023. ECCTA...
Latest Banking & Finance Precedents
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...
Deed of release: for a debenture or mortgage—single company security provider—full or partial releaseThis Deed is made on [insert day and month]...
Deed of confirmation of third party security on variation of underlying facility agreement (bilateral)This Deed is made on [date]Parties1[insert name...
Security review reportPrepared in relation to [name of borrower] (a limited company registered in England and Wales with company number [company...
Guarantee and indemnity: single company guarantor—bilateral—specific moniesThis Deed of guarantee and indemnity is made on [insert day and month]...
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...
Overdrafts, term loans and revolving credit facilities
Overdrafts, term loans and revolving credit facilitiesThis Practice Note explains the features of three common types of loan facility:•overdrafts•term...
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...
Associated legal terms
IA 1986
The Insolvency Act 1986—an Act of the Parliament of the United Kingdom that provides the legal platform for all matters relating to personal and corporate insolvency in the UK.
Lifecycle
The length of time that each item in the facility, such as plant machinery, fittings and equipment is required to last before being renewed or replaced.
Par
The face value of a security at which it will be redeemed by the borrower at maturity
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