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Banking and Finance weekly highlights—28 October 2021

Published on: 28 October 2021

Table of contents

  • Autumn Budget 2021
  • Autumn Budget 2021—Key Banking & Finance announcements
  • Autumn Budget 2021—Key Restructuring & Insolvency announcements
  • LIBOR and benchmarks
  • House of Lords examines Critical Benchmarks (References and Administrators' Liability) Bill
  • LMA publishes term SOFR exposure draft for use in developing market jurisdictions
  • BoE publishes minutes of the Working Group on Sterling RFRs September 2021 meeting
  • ISDA, LMA and LSTA host webinar on hedging SOFR and LIBOR’s upcoming cessation
  • LSTA publishes blog on new LIBOR contracts
  • CME Group announces record number of SOFR futures contracts and open interest
  • More sections of this document available when you sign-in to Lexis+ or register for a free trial.

Article summary

This week's edition of the Banking and Finance weekly highlights includes: (1) the key announcements from the Budget 2021; (2) HM Treasury announces that second UK Green Gilt has raised further £6bn for green projects; and (3) the PRA publishes policy statement PS24/21 on non-performing loan securitisations.

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