Master the intricacies of legal frameworks governing financial transactions and secured lending. Equip yourself with robust, practical legal guidance tailored for drafting, negotiating, and enforcing security agreements. Navigate complex regulatory environments, understand priority issues, and manage risks effectively to protect your clients' interests in the competitive banking and finance sector. Stay updated with the latest legislative changes and judicial decisions to ensure your practice remains compliant and at the forefront of industry standards.
The Office of Financial Sanctions Implementation (OFSI) has published guidance stating that it will apply a presumption of denial, with immediate...
Companies House (CH) has updated its OS CH01 guidance. The update clarifies that the address for a UK establishment of an overseas company must be the...
Restructuring & Insolvency analysis: The High Court held that the assignment by Serisys Ltd (Serisys) of valuable intellectual property to a group...
This week's edition of Banking and Finance weekly highlights includes: (1) the LMA's new practice note on applying Sustainability-Linked Loan...
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...
Amending security documentsReasons for amending security documents and key risksReasons for amending a security documentThere are situations where parties may consider amending security documents. Common examples include:•the parties want to make changes to the obligations being secured•the chargee
Taking security over insurance policiesRights under insurance policies are a type of contractual right.Lenders can take security over insurance policies by an assignment by way of security. There are also additional protections that a lender can utilise in relation to insurances, such as having its
What is the difference between an appeal and a review?What is an appeal?An appeal in insolvency proceedings is no different to an appeal in normal litigation. An appeal will be allowed only if the appeal court is satisfied that the decision of the lower court was 'wrong' or 'unjust because of a
Late payment penalties—inheritance taxWhile interest often accrues on overdue tax, the late payment of certain taxes may also attract a penalty. For information on the interest accruing on overdue tax, see Practice Notes: IHT—payment deadlines on death—Interest on IHT and Interest on late paid
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