A round-up of regulatory changes by Simon Lovegrove of Norton Rose Fulbright
1 JUL 2023
A round-up of regulatory changes by Simon Lovegrove of Norton Rose Fulbright
1 MAY 2023
A round-up of regulatory changes by Simon Lovegrove of Norton Rose Fulbright
1 MAR 2023The UK government has consulted on legislating to allow British courts to recognise foreign insolvency-related judgments under its enactment of the “original” UNCITRAL Model Law on cross-border insolvency (the Model Law), the Cross Border Insolvency Regulations 2006 (CBIR). The government is also considering incorporating the UNCITRAL Model Law on Enterprise Group Insolvencies (the Group Model Law) to promote closer co-operation on cross-border restructurings.
1 APR 2023
A round-up of regulatory changes by Simon Lovegrove of Norton Rose Fulbright
1 JAN 2023
A round-up of regulatory changes by Simon Lovegrove of Norton Rose Fulbright
1 NOV 2022Sustainability-linked loans continue to be a hot topic in the banking and finance industry, having significantly gained in popularity over recent years. This popularity is partly driven by the increasing social and environmental commitments and sustainability-related disclosure obligations on banks and financial institutions. This In Practice article covers some of the key principles and new elements to be aware of in this form of financing, including the LMA guidance on the external review process.
1 OCT 2022
A round-up of regulatory changes by Simon Lovegrove of Norton Rose Fulbright
1 OCT 2022The last few years have seen discussions at an inter-governmental level, led by the OECD, on how to amend the international tax system to deal with the changing business practices created by the digital economy. This includes an agreement to implement a global minimum corporate tax rate of 15% for large multi-national entities (MNEs). These discussions have now progressed to the stage where individual jurisdictions (including the UK) are beginning to introduce domestic legislation to implement the principles of the minimum tax, such that the theory is becoming reality. These rules will have implications for the assumptions being made by lenders as to the way borrowers under certain types of financing will be taxed. This article looks at some of these implications at the borrower level.
1 JUL 2023
A round-up of regulatory changes by Simon Lovegrove of Norton Rose Fulbright
1 FEB 2023