Delve into the intricate landscape of non-traditional banking securities with our comprehensive, practical guidance. Covering every aspect from drafting and enforcing guarantees to deciphering the subtleties of comfort letters, our resources cater to banking and finance professionals. Elevate your legal expertise with authoritative insights that enable you to advise clients proficiently and reduce risks effectively.
Two environmental, social and governance (ESG)-related Commission Delegated Regulations have been published in the Official Journal of the EU....
The Financial Reporting Council (FRC) has published guidance on the application of materiality in corporate reporting to support boards, preparers,...
The Loan Market Association (LMA), in collaboration with the LMA Technology & Innovation Committee and Murex, has published ‘The Interoperability...
The European Commission has announced that EU Member States have adopted the 21st package of sanctions against Russia. The package includes new...
Invoice discounting and factoringThe popularity of financing business through the invoice discounting and factoring of receivables has grown...
Foreign exchange (FX) derivativesWhat is a FX derivative?A foreign exchange (FX) derivative is a type of derivative whose payoff depends on the FX...
Types of debt securitiesWhat are debt securities?In the context of the debt capital markets, the term 'debt security' means a financial instrument,...
An introduction to repo and the Global Master Repurchase Agreement (GMRA)Coronavirus (COVID-19): This Practice Note contains information on subjects...
Taking a guarantee or third party security from an individual—undue influenceGuarantees (see Practice Note: Guarantees) and third party security (see Practice Note: Third party security) from individuals are relatively common forms of credit support in financing transactions.For example, in
In what circumstances do I really need to worry about commercial (or corporate) benefit?This Q&A explains when it is necessary to analyse whether an obligor in a banking transaction is receiving a commercial benefit (also called a corporate benefit) for participating in the transaction and why that
Guarantor protections and how to exclude them in guarantee documentation—waiver of defences clausesGuarantees are a contractual arrangement where one party (the guarantor) agrees to answer for the liability of another party (the principal) to another party (the guaranteed party).The common law has
Guarantor rights and how to defer them in guarantee documentation—no competition clausesGuarantees are a contractual arrangement where one party (the guarantor) agrees to answer for the liability of another party (the principal) to another party (the guaranteed party).Guarantors have various rights
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