Home / Banking & Finance / Key developments and horizon scanning / Weekly highlights

Legal News

Banking and Finance weekly highlights—5 August 2021

Copyright © 2025 LexisNexis

Published on: 05 August 2021

Published by a LexisNexis Banking & Finance expert

Table of contents

LIBOR and benchmarks
RFR Working Group publishes July 2021 newsletter on LIBOR transition
ARRC formally recommends CME SOFR Term Rates
ARRC publishes newsletter covering developments from June to July 2021
Commission opens feedback periods for proposed EONIA and CHF LIBOR replacements
ESMA updates EU Benchmarks Regulation Q&As
Lending
LMA publishes note to help market participants improve LIBOR facilities transition
Acquisition finance
LMA publishes new guide on inhibitors to liquidity in the loan market

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 Banking and Finance weekly highlights includes: (1) ARRC formally recommends CME SOFR Term Rates, (2) the LMA publishes note to help market participants improve LIBOR facilities transition, and (3) ISDA publishes a paper on the pre-trade and systematic internalisers regimes for over-the-counter derivatives.

Popular documents

Late payment penalties—inheritance tax

Late payment penalties—inheritance taxWhile interest often accrues on overdue tax, the late payment of certain taxes may also attract a penalty. For information on the interest accruing on overdue tax, see Practice Notes: IHT—payment deadlines on death—Interest on IHT and Interest on late paid

Contributory negligence in personal injury claims

Contributory negligence in personal injury claimsContributory negligence is a partial defence which can lead to a discount in damages.Other defences may also be relevant. See Practice Notes: Did the claimant consent to the risk of injury? and Was the claimant involved in an illegal activity?If a

Can shares in a limited company that have not been paid-up at all be cancelled?

Can shares in a limited company that have not been paid-up at all be cancelled?A limited company having a share capital may not alter that share capital, except in the ways listed in section 617 of the Companies Act 2006 (CA 2006). Shares in a company cannot simply be cancelled without following an

Glossary—Latin legal terms

Glossary—Latin legal termsDespite attempts in recent years to simplify the language used in legal cases, there are still a number of Latin phrases commonly used in personal injury claims. The following Latin phrases are listed in alphabetical order:Latin