The following Banking & Finance guidance note provides comprehensive and up to date legal information covering:
BREXIT: As of 31 January 2020, the UK is no longer an EU Member State, but has entered an implementation period during which it continues to be treated by the EU as a Member State for many purposes. As a third country, the UK can no longer participate in the EU’s political institutions, agencies, offices, bodies and governance structures (except to the limited extent agreed), but the UK must continue to adhere to its obligations under EU law (including EU treaties, legislation, principles and international agreements) and submit to the continuing jurisdiction of the Court of Justice of the European Union in accordance with the transitional arrangements in Part 4 of the Withdrawal Agreement. For further reading, see: Brexit—introduction to the Withdrawal Agreement. This has an impact on this Practice Note. For guidance, see Practice Notes: Brexit—impact on finance transactions — Brexit planning and impact—financial services and Brexit—documentary implications for facility agreements.
This Practice Note gives an overview of the key regulations and the legislative framework applicable to in-house banking and finance lawyers.
It includes regulations and the legislative framework that cover:
debt capital markets, and
structured products and securitisation
For further information on these types of transactions and the overall applicable regulations and legislative framework, see Practice Notes:
The impact of regulatory and legal changes on facilities agreements
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