Tips and traps for in-house lawyers—key issues in securitisation transaction
Produced in partnership with Alice Carpenter
Tips and traps for in-house lawyers—key issues in securitisation transaction

The following Banking & Finance practice note produced in partnership with Alice Carpenter provides comprehensive and up to date legal information covering:

  • Tips and traps for in-house lawyers—key issues in securitisation transaction
  • What role(s) is the bank being appointed to undertake?
  • Choice of external law firms
  • Things to consider when asking law firms for quotes
  • Jurisdictional considerations when appointing counsel
  • Legal opinions
  • Mandate letter
  • Transaction documentation and prospectus
  • Subscription agreement
  • Due diligence on the originator
  • More...

IP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit transition/implementation period entered into following the UK’s withdrawal from the EU. At this point in time (referred to in UK law as ‘IP completion day’), key transitional arrangements come to an end and significant changes begin to take effect across the UK’s legal regime. This document contains guidance on subjects impacted by these changes. Before continuing your research, see Practice Note: What does IP completion day mean for lending lawyers?

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 securitisation transactions. For guidance, see Practice Note: Brexit—impact on finance transactions—Brexit planning

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