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
Law360, London: The Financial Conduct Authority (FCA) shifted further toward results-based financial regulation in 2024 by requiring regulated...
The European Securities and Markets Authority (ESMA) has published a Feedback Statement summarising the responses to its consultation paper on...
An update to the guidance on information sharing measures outlined in the Economic Crime and Corporate Transparency Act 2023 has been updated on the...
Competition analysis: In this judgment, the High Court issued its first ever ruling on a challenge to an unwinding order imposed by the UK government...
The IFRS Foundation has released a detailed guide aimed at assisting companies with the crucial task of recognising and disclosing significant...
Latest Banking & Finance Practice Notes
Key dates for Financial Services—horizon scannerThis Practice Note contains a list of key future developments and dates for financial services lawyers...
Sanctions against Russia/Belarus—FAQs for finance and restructuring lawyersVarious governments, under their relevant sanctions regimes, have imposed...
Cryptoassets in insolvencyCryptoassets—the basicsIn its simplest form, cryptoassets are a virtual currency which uses encryption to verify...
FAQs for insolvency professionals on the National Security and Investment Act 2021What is the National Security and Investment Act 2021?The National...
Introductory guide to security reviewsScope of this Practice NoteThis Practice Note provides an introduction to security reviews and covers:•when and...
Latest Banking & Finance Precedents
Demand letter—guarantor[To be printed on headed notepaper of the lender making demand]To: [Insert name of individual and/or position][insert name of...
Demand letter—borrower[To be printed on headed notepaper of the lender making demand]To: [Insert name of individual and/or position][insert name of...
Retention of title (standard, or simple) clause1Title and risk1.1Risk in the Goods will pass to the Buyer [on [completion of] delivery OR when the...
Deed of release: for a debenture or mortgage—single company security provider—full or partial releaseThis Deed is made on [insert day and month]...
Deed of confirmation of third party security on variation of underlying facility agreement (bilateral)This Deed is made on [date]Parties1[insert name...
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
Commitment
The amount of money which a bank agrees to lend under a committed loan facility
Debt pushdown
Where debt held by a holding company is repaid by the holding company and re-borrowed by a subsidiary (normally this is notional and done through accounting entries). Debt pushdowns are common on acquisition finance transactions and will typically be performed for tax reasons or to enable the lenders to take security at the operating company level without breaching capital maintenance restrictions.
Investment banking insolvency regulations
Investment banking insolvency regulations refer to the power of the Treasury to modify the law of insolvency relating to investment banks and to establish a new procedure for investment banks where they are unable to pay their debts or when winding up would be fair.
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