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Banking & Finance weekly highlights—2 November 2017

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Published on: 02 November 2017

Published by a LexisNexis Banking & Finance expert

Table of contents

Lending
CCCC launches image-based cheque clearing system
European Parliament signs legislation electronically for the first time
Trade finance
Supreme Court rules on third-party debt and receivership orders (Taurus Petroleum Ltd v State Oil Marketing Company)
Debt Capital Markets
FCA sets out new regulatory framework for insurance-linked securities
Derivatives
ISDA launches Swiss Module for ISDA Resolution Stay Jurisdictional Modular Protocol
Bitcoin futures market to be launched by CME Group

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Article summary

This week’s edition of Banking & Finance highlights includes the launch of an image-based cheque clearing system by CCCC, the adoption of new rules by the European Parliament for EU securitisations and news analysis on the Supreme Court decision in Taurus Petroleum Ltd v State Oil Marketing Company looking at enforcing international arbitral awards by intercepting funds payable under letters of credit.

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