Read time: 5 minutes 45 seconds
The Financial Conduct Authority (FCA) is to be given new powers to make changes to the methodology of LIBOR for certain “tough legacy” contracts.
The UK Government has announced that it intends to bring
Structured Finance In Brief, published by Reed Smith LLP, focuses on legal developments and market trends in structured finance. The blog covers topics such as asset-backed securitization, debt finance, non-performing assets resolution, and financial regulatory issues. It also addresses sector-specific financing challenges, including aviation asset-backed securities and energy infrastructure funding. The blog provides insights into legal frameworks affecting structured finance transactions, risk management, and investment considerations. It serves as a resource for legal professionals and market participants interested in the intersection of finance, regulation, and asset management within structured finance.
Read time: 5 minutes 45 seconds
The Financial Conduct Authority (FCA) is to be given new powers to make changes to the methodology of LIBOR for certain “tough legacy” contracts.
The UK Government has announced that it intends to bring…
Read time: 8 minutes
At a glance
A large number of legacy non-performing loan exposures (NPLs) continue to subsist on the balance sheets of banks. Portfolios of NPLs tie up huge amounts of regulatory capital which, in turn, limits the…
Read time: 2 minutes 20 seconds
Those readers that have followed the meteoric rise of the European non-performing loan (NPL) market from the ashes of the global financial crisis (GFC) will be very aware of the profound impact that COVID-19…
Read time: 3 minutes 3o seconds
Background
Although the United Kingdom (UK) left the European Union (EU) at 11pm on 31 January 2020, the terms of the Withdrawal Agreement between the UK and the EU provide for a transition period…
Read time: 3 minutes
The COVID-19 pandemic has changed, at least temporarily, all facets of society and has had a truly global impact. The scale of fatalities and the losses suffered by families are truly tragic. Whilst the impact of…
Read time: 5 minutes
On 2 April 2020, the European Banking Authority (EBA) published guidelines on legislative and non-legislative moratoria on loan repayments in light of COVID-19 (EBA/GL/2020/2) (the Guidelines). The Guidelines were updated by a supplementary supervisory statement addressing…
Read time: 3 minutes 30 seconds
When it comes to the nuts and bolts of commercial mortgage-backed securities (CMBS), one of the key features that will be at the very forefront of any Arranger’s mind will be the mechanism by…
Read time: 2 minutes 45 seconds
In these uncertain times, we take a look at the potential implications of COVID-19 on the LIBOR transition, currently scheduled for the end of 2021.
The anticipated impact of…
Read time: 3 minutes 30 seconds
The appetite for ethical finance shows no sign of slowing. But as the interest in Environmental, Social and Governance (ESG) finances rises, so too do concerns about impact- and green-washing: the practice of making…
Read time: 3 minutes
Innovation and creating purposeful change for communities is at the very heart of what social impact finance is all about. Such impact investments have never shied away from embracing that latest technological innovation or challenging the…