Legal & Regulatory
Regulatory changes often have unintended consequences, so we have a vital role in mitigating any possible negative impacts on the loan product, whether generally, or in relation to specific sectors such as leveraged, real estate or commodity finance.
Whilst we have made significant progress in addressing the adverse effects of regulation for our members, undoubtedly, changes in the regulatory and general legislative landscape will continue, not least arising from the regulatory response to Covid-19, as well as potential opportunities to bring about positive change.
IOSCO Consultation Report - Proposed Good Practices on Leveraged Loans and CLOs
We have participated in a dialogue with IOSCO concerning their work on the above. IOSCO has now issued for consultation twelve good practices to guide market participants when operating in the LL and CLO markets, to encourage the development of these markets and the behaviour of market participants in ways that support IOSCO’s objectives. IOSCO is looking for input on the consultation paper by December 15, 2023.
We welcome this consultation and will be working with members to inform our response.
This briefing by Clifford Chance examines the most recent worldwide sanctions and export controls imposed on Russian nationals and organisations by the US, EU, UK, Poland, Japan, Singapore, Australia, and Ukraine. It also considers the responsive measures taken by Russia. The sanctions and responsive measures discussed are those as of 2pm BST, 12 September 2023.
In this briefing, Reorg provide a reflection on the H1 2023 European leveraged sustainability-linked loan market, highlighting changes in issuance levels and identifying a number of trends in their documentation.
This briefing by Osborne Clarke LLP considers the impact of the Building Safety Act 2022 on financing for tall buildings with a residential element (in England only). It explores some of the issues that lenders will need to consider in structuring, investigating and documenting the debt financing of such buildings.