Banking and finance transactions

Banking and finance transactions guidance:

Why are lenders concerned about environmental risk? The ever growing number of environmental laws has affected the way that lenders perceive environmental risk and has...

Practice Note

Lenders' risk exposure Lenders are increasingly concerned with environmental risk in their day to day secured lending businesses. All major UK banks now have to make, to...

Practice Note

The CRC Energy Efficiency Scheme (CRC Scheme) is a mandatory emissions trading scheme in the UK that aims to cut carbon dioxide emissions and improve energy efficiency in...

Practice Note

What is environmental social governance (ESG)? Environmental social governance (ESG) is an umbrella term covering a range of environmental, social and governance factors...

Practice Note

Effects of flooding on underlying assets Flooding can give rise to a number of issues in the context of a banking or finance transaction. This Practice Note highlights...

Practice Note

In response to the Paris Agreement, governments and intra-governmental organisations launched a number of measures to promote sustainable finance. To date, these have...

Practice Note

BREXIT: The UK is leaving the EU on Exit Day (as defined in the European Union (Withdrawal) Act 2018). This has an impact on this Practice Note. For guidance, see...

Practice Note

What are green loans? This Practice Note considers the green loan market, focusing on the Green Loan Principles (GLP), published by the Loan Market Association (LMA) and...

Practice Note

Land contamination liabilities The main types of liabilities associated with land contamination and water pollution are summarised in Table A. Table A—Summary of main...

Practice Note

Companies operating in the UK may be required to report on environmental matters in accordance with: • the Companies Act 2006 (CA 2006) • accounting standards, and •...

Practice Note

Practitioners should be aware of the extent that social, environmental and ethical considerations must be taken into account in investment decisions. Pension scheme...

Practice Note

Legal framework Money laundering is the conversion of illegally obtained money into legitimate currency or other assets. The anti-money laundering (AML)...

Practice Note

Key terms The terms ‘responsible business, ‘corporate responsibility’ (CR) or ‘corporate social responsibility’ (CSR), and ‘environmental social governance’ (ESG) are...

Practice Note

Following the first Green Loan Principles and in light of the increasing popularity and borrower diversity in the green loan market, the first ever Sustainability-Linked...

Practice Note

2019 News DateNews story 5 November 2019AFME comments on adopted texts of proposed Taxonomy Regulation—LNB News 05/11/2019 57 5 November 2019New taskforce aims to...

Practice Note

BREXIT: The UK is leaving the EU on Exit Day (as defined in the European Union (Withdrawal) Act 2018). This has an impact on this Practice Note. For guidance, see...

Practice Note

The Equator Principles (EPs) are a risk management framework for determining, assessing and managing environmental and social risk in project financings. Introduced by...

Practice Note

Key drivers for voluntary environmental reporting A company may choose to report on environmental matters: • to gain a better understanding of its exposure to...

Practice Note

Brexit impact This content is likely to be impacted by the UK’s withdrawal from the EU. For information on how leaving the EU will affect environmental law, see Practice...

Practice Note