Legal News

Business Contract Terms (Assignment of Receivables) Regulations 2017: Unexpected consequences for lenders

Published on: 09 November 2017
Published by: LexisPSL
  • Business Contract Terms (Assignment of Receivables) Regulations 2017: Unexpected consequences for lenders
  • Original news
  • What are the draft Regulations intended to do?
  • When are the Regulations intended to become effective?
  • What contracts would be affected by the Regulations?
  • What type of contract terms would be affected by the Regulations?
  • Why are lenders affected?
  • Conclusions

Article summary

Banking & Finance analysis: A new draft of the proposed Business Contract Terms (Assignment of Receivables) Regulations 2017 (the Regulations) published in September 2017 has caused considerable consternation to some participants in the loan markets. This news analysis discusses why the draft Regulations might affect important provisions in loan and other finance agreements in unexpected ways. or take a trial to read the full analysis.

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