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
The Financial Conduct Authority (FCA) is consulting on its guidance for UK Trade Repositories registered under Article 55 of UK EMIR ahead of the...
Law360, London: Margaret met the scammer while she was playing Scrabble....
The International Chamber of Commerce (ICC) Digital Standards Initiative has published a report which illustrates, through 22 case studies, how supply...
MLex: Regulatory uncertainty and a resource intensive, drawn-out application process is dissuading cryptoasset businesses from registering in the UK,...
The Association for Financial Markets in Europe (AFME) has responded to the initial set of consultations addressing Bond Transparency, Consolidated...
Latest Banking & Finance Practice Notes
Policing and enforcement of the UK Listing RegimeSTOP PRESS: A significant restructuring of the UK listing regime came into effect on 29 July 2024...
FCA and PRA disclosure issues—one minute guideFinancial Services Enforcement Database: This incorporates detailed information on all substantive FCA...
FCA disciplinary and other enforcement action against firms—one minute guideFinancial Services Enforcement Database: This incorporates detailed...
Collateralised debt obligations—UKWhat is a CDO?Core conceptsCollateralised debt obligations (CDOs) are complex, high-value transactions involving...
Key dates for Financial Services—horizon scannerThis Practice Note contains a list of key future developments and dates for financial services lawyers...
Latest Banking & Finance Precedents
Floating charge: single company chargor—bilateral—specific moniesThis Deed is made on [insert date] 20[insert year]Parties1[Insert name of Chargor], a...
Deed of novation: for an unsecured bilateral facility agreementThis Deed is made on [insert day and month] 20[insert year]Parties1[insert name of...
Debenture: single company chargor—bilateral—all moniesThis Deed is made on [insert date] 20[insert year]Parties1[Insert name of Chargor], a company...
Assignment of contractual rights: single company assignor—bilateral—specific moniesThis Deed is made on [insert day and month] 20[insert...
Debenture: single company chargor—bilateral—specific moniesThis Deed is made on [insert date] 20[insert year]Parties1[Insert name of Chargor], a...
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
Chargee
The person who has the benefit of a charge, usually a financier.
Conditions precedent
In leveraged finance transactions, conditions precedent are commonly split into conditions precedent to signing and conditions precedent to closing. Conditions precedent to signing are conditions that must be satisfied by the borrower before the facility agreement can take effect. Conditions precedent to closing are conditions which must be satisfied by the borrower before it is entitled to draw down funds under the facilities agreement.
Financier
Generic term for receivables financier, asset based lenders or other types of lenders.
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