Standby credits, on demand guarantees/bonds

Copyright © 2025 LexisNexis

Overview Content for select subtopic is not present

Powered by Lexis+®
Latest Banking & Finance News

ICC publishes expanded sustainable trade finance principles with social impact focus

The International Chamber of Commerce (ICC) has published Wave 2 of its Principles for Sustainable Trade Finance, expanding the framework to include social impact criteria. The update introduces the new Principles for Social Trade Finance (PSoTF), which align with Loan Market Association standards, and provides enhanced guidance for sustainability-linked supply chain finance. In addition, the ICC has launched a public consultation for stakeholder feedback on the new components, which will run until 5 September 2025, with formal ratification anticipated in Q3/Q4 2025. These principles are designed to offer banks and corporates standardised criteria for assessing both environmental and social sustainability in trade finance transactions.

ESMA publishes list of MiCA grandfathering periods adopted by Member States

The European Securities and Markets Authority (ESMA) has published an updated list detailing the grandfathering periods adopted by Member States under Article 143 of the Markets in Cryptoassets Regulation (Regulation) (EU) 2023/1114) (MiCA). These transitional measures allow cryptoasset service providers (CASPs) that were operating in accordance with applicable national law before 30 December 2024 to continue their activities temporarily—until 1 July 2026 or until they are granted or refused authorisation under Article 63 of MiCA, whichever comes first.

Banking & Finance—June 2025 case round-up

Banking & Finance analysis: This News Analysis provides a summary of the cases we have alerted in Banking & Finance for June 2025.

Sustainable finance and ESG monthly round-up—2 July 2025

This edition of the Sustainable finance and ESG monthly round-up from the Finance Group includes: (1) ISDA publishes position paper on Commission’s proposed sustainability omnibus package, (2) ICMA Principles Committee publishes nature bonds guide and updates sustainable finance guidance and (3) IFRS Foundation publishes guidance on climate transition plan disclosures.

View Banking & Finance by content type :  
News
Practice notes
Precedents
Q&As

Popular documents

Does the beneficiary of a guarantee need to be a signatory to the guarantee? What happens if the

Does the beneficiary of a guarantee need to be a signatory to the guarantee? What happens if the guarantee is signed as a deed?Section 4 of the Statute of Frauds (1677) requires a guarantee to be in writing and signed by the guarantor (or some other person lawfully authorised to sign on the

If a lender assigns a loan and its supporting guarantee to another lender (assuming there are no

If a lender assigns a loan and its supporting guarantee to another lender (assuming there are no restrictions on assignment in the loan or guarantee documentation), is the validity of the guarantee affected in any way?We refer you to Practice Note: Guarantor protections and how to exclude them in

In what circumstances do I really need to worry about commercial (or corporate) benefit?

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

Guarantor protections and how to exclude them in guarantee documentation—waiver of defences clauses

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
Does the beneficiary of a guarantee need to be a signatory to the guarantee? What happens if the

Does the beneficiary of a guarantee need to be a signatory to the guarantee? What happens if the

Does the beneficiary of a guarantee need to be a signatory to the guarantee? What happens if the guarantee is signed as a deed?Section 4 of the Statute of Frauds (1677) requires a guarantee to be in writing and signed by the guarantor (or some other person lawfully authorised to sign on the

If a lender assigns a loan and its supporting guarantee to another lender (assuming there are no

If a lender assigns a loan and its supporting guarantee to another lender (assuming there are no

If a lender assigns a loan and its supporting guarantee to another lender (assuming there are no restrictions on assignment in the loan or guarantee documentation), is the validity of the guarantee affected in any way?We refer you to Practice Note: Guarantor protections and how to exclude them in

In what circumstances do I really need to worry about commercial (or corporate) benefit?

In what circumstances do I really need to worry about commercial (or corporate) benefit?

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

Guarantor protections and how to exclude them in guarantee documentation—waiver of defences clauses

Guarantor protections and how to exclude them in guarantee documentation—waiver of defences clauses

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