About Banking & Finance Law
The uncertain economic climate has led to unprecedented challenges in the finance sector. It is more difficult than ever to get your deals done.
Key features of Lexis+® Banking & Finance
We'll keep you up to date with news. Weekly essentials newsletters, monthly case updates and a case tracker with the status of cases included and key cases notes on main topics.
Key developments and horizon scanning
Transactional lawyers need to stay on top of market changes. We track developments of key industry bodies including the LMA, ISDA and ICMA as well as hot topics such as sustainable finance so that you're always updated.
Security
Lending demands watertight security. We’ll guide you on taking, perfecting, and registering security. As well as topics covering enforcing security and cross border security.
Getting deals over the line
Economics is often a rollercoaster, ups, downs, and challenges. It can make the task of sealing deals tricky. We’ll help you navigate the uncertainty.
Topics We Cover
Latest Banking & Finance News
MLex: UK government plans to consolidate sanctions lists and speed up enforcement of civil-law breaches will be welcomed as aims, but the new plan...
The International Organisation of Securities Commissions (IOSCO) has published three final reports on finfluencers, online imitative trading...
The International Capital Market Association (ICMA) has published a position paper, opposing the implementation of a uniform macroprudential framework...
Law360, London: Bank of London has said it is under investigation by the Bank of England's (BoE) regulatory arm, with the risk that an unfavourable...
The Foreign, Commonwealth & Development Office (FCDO), in partnership with HM Treasury, the Department for Business and Trade, the Department for...
Latest Banking & Finance Practice Notes
MiFID II—UK trading venuesThis Practice Note considers the requirements for UK trading venues including the provisions which implemented the Markets...
Property portfolio loans—transaction managementWhat are portfolio loans?A portfolio is a collection of investments, eg a collection of properties...
Listing debt securities on the Luxembourg Stock ExchangeWhat does this Practice Note cover?This Practice Note provides an overview of certain...
Project finance—meaning of completion and its effectProjects involving the development of a new asset or facility (known as 'greenfield' projects) are...
Taking security over sharesShares are commonly offered as security for a loan.In commercial lending transactions, shares are typically offered as...
Latest Banking & Finance Precedents
Duty of care agreement providing for the agents appointed to manage commercial property on behalf of the borrower to have a duty of care to the...
Letter of non-crystallisation of a floating charge under a security agreement[ON HEADED NOTEPAPER OF CHARGEE][insert the name and address of the...
Debenture: multi-chargor—syndicated—specific monies—for use with a syndicated facilities agreementThis Deed is made on [insert day and month]...
Option 1—deed executed by administrative receiver under the company’s common seal Executed as a deed by [insert name of company]...
Option 1—deed executed by liquidator under the company’s common seal ...
Latest Banking & Finance Q&As
Featured Banking & Finance content
Bills of exchange—structure and parties
Bills of exchange—structure and partiesBills of exchange are negotiable instruments that represent an unconditional promise by one party to pay...
Term Loan B facilities
Term Loan B facilitiesThis Practice Note discusses Term Loan B (TLB) facilities which frequently appear as a tranche of senior facilities in...
Invoice discounting and factoring
Invoice discounting and factoringThe popularity of financing business through the invoice discounting and factoring of receivables has grown...
Common financial covenants
Common financial covenantsThis Practice Note explains certain common financial covenants used in commercial finance transactions including:•minimum...
Offtake contracts—key issues for project finance lenders
Offtake contracts—key issues for project finance lendersMost projects are underpinned by a complex web of contractual relationships between all the...
Overdrafts, term loans and revolving credit facilities
Overdrafts, term loans and revolving credit facilitiesThis Practice Note explains the features of three common types of loan facility:•overdrafts•term...
Do you need a deed of release as well as a DS1 to release a legal charge over land?
Crystallisation of floating charges
Crystallisation of floating chargesThe key feature of a floating charge is that, until it crystallises, the chargor is entitled to deal with the...
Promissory notes—structure and parties
Promissory notes—structure and partiesA promissory note is a type of bill of exchange (for more information, see Practice Note: Bills of...
Bilateral, syndicated and club arrangements
Bilateral, syndicated and club arrangementsOne of the features used to categorise loans is the number of lenders involved. A loan involving one lender...
An introduction to repo and the Global Master Repurchase Agreement (GMRA)
An introduction to repo and the Global Master Repurchase Agreement (GMRA)Coronavirus (COVID-19): This Practice Note contains information on subjects...
Bridge to bond facilities
Bridge to bond facilitiesWhat are they?A bridge to bond facility is a type of acquisition financing where the buyer requires the certainty of a fully...
Floating charges—advantages and disadvantages
Floating charges—advantages and disadvantagesSummary of advantages and disadvantages of the floating chargeThis Practice Note discusses the advantages...
Key features of debentures
Key features of debenturesDebentures are used in many types of financing where it is desirable to take security over all of the assets of a particular...
Financial derivatives—netting
Financial derivatives—nettingNettingnetting is a contractual arrangement between two parties. Essentially, it means that the parties have agreed that,...
Assignments by way of security
Assignments by way of securityAssignments by way of security can take different forms and it is important to understand how they are created and their...
Guarantor rights and how to defer them in guarantee documentation—no competition clauses
Guarantor rights and how to defer them in guarantee documentation—no competition clausesGuarantees are a contractual arrangement where one party (the...
Sources of Shari'ah
Sources of Shari'ahIntroductionShari'ah (also Sharia, Shariah or Shari’a) (literally, in Arabic, 'the path towards the watering place') or Islamic law...
Associated legal terms
Non-vesting debt
A receivable to which title is not transferred to a receivables purchaser and which is usually held on trust for the receivables purchaser by the client.
PIK toggle
This refers to where the borrower has the option, in relation to an interest period, to either pay interest in cash or to pay it (or a proportion of it) in kind. This may be limited to a certain percentage of the margin and to a certain number of times per year or over the life of the facility.
Qur’an
The primary source of Islamic law and the principal religious text of Islam, considered to be the ultimate reference point and origin of all Islamic legislation. The Qur'an provides a blueprint for how a Muslim should lead their life and contains detailed principles and rules which deal with all aspects of a Muslim's life, setting out the moral, social, political and economic basis for society. The Qur'an is believed to be the direct word of Allah as revealed to the Prophet Mohammed through the Angel Gabriel. As the Qur'an is the direct word of Allah, it has (and will) remain unchanged.
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