Banking Litigation Notes

FSR Outlook 2021: Paving the Way Forward

Our Financial Services Regulatory team have announced the launch of FSR Outlook 2021: Paving the Way Forward. In this annual publication, the …

Climate-related disclosures for issuers: next steps from UK financial regulators outlined

This month, there have been some significant regulatory announcements in relation to climate-related disclosures. These announcements are a result of the …

LIBOR transition measures in the new Financial Services Bill: the legal framework, market impact and risks

Climate-related disclosures: the new frontier?

Redemption periods and liquidity mismatch in the investment funds market: the litigation risks

New Webcast Available: The new Corporate Insolvency and Governance Act 2020 - implications for financial institutions

FSB Report: Supervisory issues associated with benchmark transition: major LIBOR transition risks

UK Government announces LIBOR legislative fix: summary of proposals and our initial observations

BoE confirms daily publication of SONIA compounded index from August 2020: impact on new vs legacy cash products

The latest development in the Bank of England's (BoE) attempts to support the adoption of SONIA in cash products - and to speed up the transition away …

Proposed insolvency reforms: impact on secured and unsecured bank debt

The new Corporate Insolvency and Governance Bill, currently expected to be enacted in mid-June 2020, is likely significantly to impact secured …

LIBOR Transition: Is ARRC's Proposed Legislative Fix Constitutional?

In early March, 2020, the Alternative Reference Rates Committee (ARRC) in the US published a proposal for New York legislation to assist the transition …

LIBOR transition: The risks of interim milestone delay for the cash market due to COVID-19