Norton Rose Fulbright
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Articles by company
The impact of the Corporate Insolvency and Governance Act 2020 on credit insurers and suppliers
The Corporate Insolvency and Governance Act 2020 (CIGA) came into force in June 2020 as part of the government’s response to the COVID-19 crisis, aimed at promoting the rescue of companies in financial difficulties. It introduced three new permanent measures: a “Moratorium” procedure; a procedure for the compromise or arrangement with creditors of a company in financial difficulties or “Restructuring Plan”, and rules prohibiting the termination of contracts for the supply of goods and services by reason of insolvency (the so called “ipso facto” clauses) as well as a number of temporary measures intended to reduce the number of insolvency procedures during the pandemic. The Act represents the biggest change to insolvency legislation in 20 years and has particular implications for supply chains and credit insurance (for instance, will credit insurers continue cover if a supplier is forced by the new measures to continue to supply?), which we will consider in this article.
1 JUL 2021The future of UK green finance policy and implications for the banking sector
On 9 November, Chancellor of the Exchequer Rishi Sunak delivered a statement to the House of Commons setting out the government’s ambition for the future of UK financial services. One of the core objectives of the government’s policy is to position the UK as a global leader in green finance ahead of the 2021 United Nations Climate Change Conference (COP 26), and the statement sets out a host of new proposals aimed at supporting capital flows for the purpose of sustainable investment. Green finance is also a key tenet of the government’s broader strategy to rebuild the UK economy following the COVID-19 pandemic with a greater focus on sustainability.
1 FEB 2021Regulation Update – June 2024
Simon Lovegrove of Norton Rose Fulbright provides a round-up of regulatory changes
31 MAY 2024Regulation Update – May 2024
Simon Lovegrove of Norton Rose Fulbright provides a round-up of regulatory changes
30 APR 2024Regulation Update - December 2021
A round-up of regulatory changes by Norton Rose Fulbright
1 DEC 2021Regulation Update – April 2024
A round-up of regulatory changes by Norton Rose Fulbright
31 MAR 2024Biodiversity finance: becoming second nature
International financial markets have started to show significant interest in nature and biodiversity. Whilst climate change and greenhouse gas emissions have made the headlines in recent years, there has been much less focus on their equally important counterparts, nature and biodiversity. However, that has started to change.
31 MAR 2024Regulation Update – January 2022
A round-up of regulatory changes by Simon Lovegrove of Norton Rose Fulbright
1 JAN 2022
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